Canada's main stock index ended higher on Wednesday as mining stocks rallied and investors looked ahead to quarterly earnings reports, but gains for the index were held in check after the federal budget proposed raising a tax on investment profits. The Toronto Stock Exchange's S&P/TSX composite index ended up 13.18 points, or 0.1%, at 21,656.05, after five straight days of declines. "There is some dip buying going on at the margins," said Elvis Picardo, a portfolio manager at Luft Financial, iA Private Wealth.
On Sunday, the rare devil comet will reach its closest point to the sun, creating an illuminating sky show. Here is how skygazers can watch it.
The U.S. Department of Transportation's watchdog is looking into the Federal Aviation Administration's oversight of Boeing's manufacturing of 737s and 787s, Semafor reported on Wednesday. "It's very healthy for the (Office of Inspector General) to be constantly auditing everything that happens across the DoT," the report quoted U.S. Transportation Secretary Pete Buttigieg as having said at the Semafor World Economy Summit. "Obviously, when something is in the news, they're going to take a closer look the same way we're taking a closer look at Boeing."