On Thursday, the S&P 500 was up 1.1% as the market apparently decided (for the moment at leeast) that the benefits of lower-for-longer interest rates out weighted the risk that this was signalling a recession ahead. Toronto was up 0.5%.
Apple Inc. was up a hefty 3.7% to take the number one spot as the most valuable American company.
Toll Brothers was up 2.5%.
Shopify was up 2.4%. FedEx recovered 2.2%. TFI International recovered 2.3%.
Statistics Canada reported construction investment in January. The numbers can be hard to interpret since the main table was not seasonally adjusted. Overall, the results showed surprising growth.