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TSX Adds Another 23 Points At Midday, Sectors Broadly Higher, Miners in the Lead

The Canadian main stock index was up by another 23 points at midday amid a broad rally across major sectors. Analysts, however, are skeptical the market will be able to sustain gains, as it is "due for some sort of a correction" after having a strong market performance.

But gains for the TSX were capped off, as investors are in a limbo, pending the U.S. Fed's decision on its stimulus program.

In the lead were miners, up 2.45%, despite slumping prices for gold, silver, and copper. Info tech followed after jumping 1.54%. Energy edged up 0.67%, with some help from rising crude oil and natural gas prices.

Financials were up 0.39%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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