TSX higher on expectation for resources, Chinese stimulus

TSX higher on expectation for resources, Chinese stimulus

TSX higher on expectation for resources, Chinese stimulus Resources were among the sectors that gained Tuesday as North American markets got back to work after the Labour Day weekend and Chinese data hinted at further stimulus from Beijing.

Asian markets ended mixed as China’s weakness was laid bare again, although once again Shanghai managed to end with gains. Europe’s indexes also closed higher as regional data boosted sentiment.
 
The S&P/TSX Composite Index closed up 152.4 (1.13 per cent)
The Dow Jones closed up 390.3 (2.42 per cent)
Oil is trending mixed (Brent up at $49.47, WTI down at $45.91 at 9.15pm)
Gold is trending higher (1121.80 at 9.15pm)
The loonie is valued at U$0.7568