TSX tracks Wall Street indices higher on tech rally

© Reuters.

Investing.com — Canada’s main stock index, the S&P/TSX composite, tracked Wall Street higher on Tuesday, despite rising U.S. Treasury yield and hotter than expected

Tech stocks supported the market rally, led by Oracle (NYSE:), which surged over 10% on better than expected quarterly earnings, and a rebound in Nvidia (NASDAQ:).

InvestingPro subscribers are the first to receive breaking Canadian markets news, analyst upgrades, and know which Toronto stocks are moving markets today. Use code GOPROCANADA for an additional 10% discount.

Toronto Stock Market News

National Bank of Canada (OTC:) (TSX:) denied a report by Bloomberg News that it was in talks to sell its Cambodian unit, ABA Bank. In a statement the Bank said it is not engaged in any processes related to the sale of ABA Bank, nor has it hired any advisors.

For all earnings, view our earnings calendar.

Toronto Stocks Moving Markets Today

Top Gainers on the TSX Today:

• Kinaxis (TSX:)
• Celestica (NYSE:) (TSX:)
• Parkland (TSX:) Fuel

Top Losers on the TSX Today:

• NovaGold (TSX:)
• SSR Mining Inc (NASDAQ:)
• TransAlta (NYSE:) Corp (TSX:)

For all Canadian Stocks Moving Markets today, view our Canada Markets Page.

In Canadian Economics

No major Canadian economic data due today.

For all Canadian economic releases, view our economic calendar.