Canada's S&P/TSX Composite sets new closing high [BNN Bloomberg (Canada)]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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Source: BNN Bloomberg
The S&P/TSX Composite Index climbed to 22,087.26, setting its first record since 2022, as financial and real estate stocks led a broad-based rally. The country's financial sector, which accounts for 31 per cent of the index's weighting, has climbed 4.2 per cent in 2024. “Even though Canada has its challenges economically right now we still have a very healthy core financial services industry, and that's really what I think has driven the rally in the last four months,” Murray Wealth Group portfolio manager Jamie Murray said by phone, noting the gains have been strong since October. Markets in Toronto are climbing as central bankers in the U.S. and Canada signal that interest rate cuts are coming. The Bank of Canada sees the conditions for reducing rates materializing this year and quantitative tightening ending in 2025. On Thursday, deputy governor Toni Gravelle said February's inflation data was “very encouraging.” “I still think the trend is higher through 2024,” said Mike Ar
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CLS
Earnings
- 4/24/24 - Beat
CLS
Sec Filings
- 5/1/24 - Form SD
- 4/26/24 - Form 6-K
- 4/25/24 - Form 8-A12B/A
- CLS's page on the SEC website