off-the-wire

TSX opens higher on support from consumer discretionary stocks

Kitco Media
By Reuters
Published:
Updated:
Reuters
TSX opens higher on support from consumer discretionary stocks teaser image

Aug 8 (Reuters) - Canada's main stock index opened higher on Thursday, boosted by consumer discretionary stocks amid broader gains, while a better-than-expected jobs report in the United States allayed some fears of a potential recession.

At 9:30 a.m. ET (13:30 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE), was up 113.64 points, or 0.52%, at 21,994.59.

Reporting by Purvi Agarwal in Bengaluru; Editing by Vijay Kishore

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