Utility and tech stocks boost S&P/TSX composite, U.S. stock markets also rise

TORONTO — Strength in utility and technology stocks helped Canada's main stock index move up in late-morning trading, while U.S. stock markets also climbed higher.In New York, the Dow Jones industrial average was up 32.80 points at 39,143.56. The S&P 500 index was up 3.84 points at 5,182.35 points, while the Nasdaq composite was up 11.05 points at 16,177.84.The May crude contract was down US$1.39 at US$81.34 per barrel and the May natural gas contract was down three cents at US$1.

Three TSX stocks are in a downtrend amid headwinds. 2024 may be rocky for them, but they are poised for a rally later. The post Don’t Look Now, But These 3 TSX Stocks Look Poised for a Nice Rally appeared first on The Motley Fool Canada.Are you looking for one of the best dividend stocks to consider right now? Here's a look at Enbridge which may surprise you. The post Is Enbridge the Best Dividend Stock for you? appeared first on The Motley Fool Canada.

Now is a good time to boost your passive-income portfolio with some good fundamentally strong dividend-growth stocks trading at a discount. The post Buy 895 Shares of This Super Dividend Stock for $2,400/Year in Passive Income appeared first on The Motley Fool Canada.Statistics Canada says contributors to the deceleration included an easing of grocery prices, and the cost of cellular services and internet access services.

If you’re looking to add some growth potential to your portfolio this year, these two stocks should be on your watch list. The post 2 Top Growth Stocks to Buy Right Now and Hold for the Long Term appeared first on The Motley Fool Canada.Are you looking for stocks that you can confidently invest in right now? Here are my five top picks! The post 3 Stocks You Can Confidently Invest $500 in Right Now appeared first on The Motley Fool Canada.

Source: News Formal (newsformal.com)

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