S&P/TSX composite up more than 200 points as expectations rise for Fed rate cut

News Snapshot:

Economic numbers out of the United States helped boost Canada’s main stock index more than 200 points on Thursday, as most U.S. Economic numbers out of the United States helped boost Canada’s main stock index more than 200 points on Thursday, as most U.S. stocks drifted upward amid the jumble of mixed reports that showed varied ripple effects from President Donald Trump’s trade war. The figures south of the border showed consumers are spending less on retail, inflation is easing off and manufacturing is still contracting. While unpleasant news for the economy broadly, the data boosted the likelihood of a...