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Higher oil prices lift TSX at open

2023-08-21 21:48
Canada's main stock index rebounded on Monday after a sharp selloff last week, led by a jump in
Higher oil prices lift TSX at open

Canada's main stock index rebounded on Monday after a sharp selloff last week, led by a jump in oil prices, while investors awaited Federal Reserve Chairman Jerome Powell's comments later this week for clues on interest rates.

At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 12.91 points, or 0.07%, at 19,831.3.

(Reporting by Shubham Batra in Bengaluru, Editing by Tasim Zahid)