11:30:51 EDT Fri 15 May 2026
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Globe/wire say TSX joins U.S. markets in rally

2026-05-15 09:00 ET - In the News

The Globe and Mail reports in its Friday edition that U.S. and Canadian stocks advanced on Thursday, lifted by a rally in tech stocks as investors absorbed generally strong economic data and watched for developments from Beijing, where U.S. President Donald Trump engaged in a high-stakes meeting with his Chinese counterpart Xi Jinping. A Reuters dispatch to The Globe says all three major U.S. stock indexes gained ground, with the S&P 500 and Nasdaq setting their latest in a series of record closing highs. The Dow closed just 0.3 per cent shy of its all-time closing high reached on Feb. 10. The S&P/TSX Composite Index ended up 226.84 points at 34,268.27, approaching the top of its range in recent weeks. "Everybody's asking the same question: How much longer does this [rally] go on? There's a lot of people that are loving this rally, but they're also antsy at the same time," said Robert Pavlik at Dakota Wealth in Fairfield, Conn. "You have to be in it to win it, not just sitting on the sidelines watching the market go to all-time highs." Mr. Trump attended the summit along with an entourage that included Tesla chief executive officer Elon Musk and Jensen Huang, CEO of Nvidia, whose shares closed higher Thursday.

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