Canada Stocks: TSX opens higher; Canada Goose leads gains

Canada Goose Holdings

16/05/2024 14:38

May 16 (Reuters) - Canada's main stock index opened
higher on Thursday, as markets cheered on renewed rate cut bets
after Wednesday's softer-than-expected U.S. inflation data,
while shares of luxury apparel group Canada Goose  GOOS.TO  rose
after fourth-quarter revenue and profit beat.
    At 9:32 a.m. ET (13:32 GMT), the Toronto Stock Exchange's
S&P/TSX composite index  .GSPTSE  was up 31.08 points, or 0.14%,
at 22,315.84.

 (Reporting by Khushi Singh; Editing by Vijay Kishore)
 ((Khushi.Singh@thomsonreuters.com;))