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Markets

TSX opens higher as Poloz says rate hikes could be interrupted

Canada's main stock index opened higher on Tuesday, after notching its lowest close in more than two years in the previo

18 Dec 2018

Canada's main stock index opened higher on Tuesday, after notching its lowest close in more than two years in the previous session, as Bank of Canada Governor Stephen Poloz said interest rate hikes could be interrupted amid signs of slowing growth and low oil prices.

At 9:30 a.m. ET (14:30 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 15.8 points, or 0.11 percent, at 14,378.45.

Copyright Reuters, 2018