TSX Opens Higher Ahead of BoC and Fed Interest Rate Decisions

Canada’s main stock index opened higher on Wednesday, supported by gains in material stocks, as investors awaited interest rate decisions from the Bank of Canada and the U.S. Federal Reserve.

At 9:31 a.m. ET (1331 GMT), the Toronto S&P/TSX Composite Index (.GSPTSE) was up 0.1% at 30,455.76 points.