TSX opens higher on upbeat trade data, Fed's new strategy

Credit: REUTERS/CHRIS HELGREN

Aug 27 (Reuters) - Canada's main stock index rose on Thursday, helped by tentative signs of a rebound in domestic trade activity, while U.S. Federal Reserve Chair Jerome Powell's new aggressive strategy to support the U.S. economy further bolstered sentiment.

* At 9:30 a.m. ET (13:30 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 33.41 points, or 0.2%, at 16,823.38.

(Reporting by Amal S in Bengaluru; Editing by Ramakrishnan M.)

((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))

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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