PrintTSX up Near 100 Points at Midday
BY MT Newswires | ECONOMIC | 09/10/25 12:13 PM EDT12:13 PM EDT, 09/10/2025 (MT Newswires) -- The Toronto Stock Exchange is up near 100 points with miners (+1.3%) and energy, up 1.2%, the biggest gainers.
Telecoms, down 1%, is the biggest decliner.
BMO Economics, in its morning note, said the market continues to focus on softer growth and job market conditions ahead, and is fully pricing in (and then some) a 25 bp rate cut by the Federal Reserve on September 17th, with 100 bps of easing through April 2026. The Bank of Canada meeting on the same day is almost fully priced as well, with 50 bps of easing priced in through March 2026. "If so, that would take variable mortgage rates down into the mid-3% range, at which point we'd have to seriously start thinking about the housing market coming back to life."
In stocks, Groupe Dynamite (GRGD.TO) is up near 18% to $48.31, after it reported a second-quarter earnings beat.
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