Small font size A Larger text size A Largest text size A

CANADA STOCKS-TSX opens higher as Fed rate cut bets offset US shutdown concerns

BY Reuters | ECONOMIC | 10/03/25 09:33 AM EDT

Oct 3 (Reuters) - Canada's main stock index edged higher at the open on Friday, led by materials shares, as growing hopes of a near-term Federal Reserve rate cut overshadowed concerns over a U.S. government shutdown.

At 9:30 a.m. ET (1330 GMT), Toronto's S&P/TSX composite index was up 0.15% at 30,205.05 points. (Reporting by Sanchayaita Roy in Bengaluru; Editing by Leroy Leo)

More Fixed Income News

Sector Update: Financial BY MT Newswires |TREASURY 01:29 PM EST
RH Investors Look Beyond Q3 Miss Toward Antiques Push And Global Growth BY Benzinga |ECONOMIC 01:24 PM EST
Fed's Split Rate Cut Puts Fresh Focus On Small-Cap, Mid-Cap And Bank ETFs BY Benzinga |ECONOMIC 01:22 PM EST
GLOBAL MARKETS-Stocks fall as tech fears stay; dollar up, but on track for third weekly drop BY Reuters |TREASURY 01:15 PM EST

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article