S&P TSX 60 Strength Rises on Real Estate Lift

Highlights Real estate stocks supported slight upward movement in Canada's main index, despite U.S. market closure. The S&P TSX 60 companies in logistics and industrial properties showed strong performance due to interest rate speculation. Easing trade tension between the U.S. and Canada contributed to stability in real estate-related equities. The S&P TSX 60 index showed mild upward movement, largely attributed to the real estate sector's performance during a quiet trading day. With U.S. markets on pause, domestic equities took cues from shifting interest rate expectations and ongoing developments in cross-border trade sentiment. Real estate tickers on the index, particularly in logistics and warehousing, benefited from favorable conditions that extended support to the broader market. Interest rate expectations boost real estate equities Interest rate sentiment played a central role in guiding the day’s trading. Anticipation surrounding possible changes to monetary p...