Canada's main stock index traded higher on Thursday as investors assessed a highly anticipated summit meeting between U.S. and Chinese leaders.
The S&P/TSX 60 index rose 18.7 points, or about 1%. The Toronto Stock Exchange's S&P/TSX composite index added 256 points, or 0.8%.
On Wednesday, the index closed lower by 0.7% at 34,041.43, after logging its highest close in three weeks in the prior session.
Amid signs of inflationary pressures from an energy shock sparked by the Iran war, traders priced in two interest rate hikes from the Bank of Canada.
Meanwhile, Wall Street also rose, with the Dow and S&P 500 up 0.9% and the Nasdaq gaining 1%.
