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

TORONTO — Strength in technology and utility stocks helped Canada's main stock index climb in late-morning trading, while U.S. stock markets also rose.In New York, the Dow Jones industrial average was up 258.25 points at 39,816.36. The S&P 500 index was up 42.46 points at 5,289.14, while the Nasdaq composite was up 150.92 points at 16,662.10.The June crude oil contract was down six cents at US$77.96 per barrel and the June natural gas contract was unchanged at US$2.34 per mmBTU.

Inflation falling further from here in the near term is a "pipe dream" and rate cuts will continue to be pushed out, Stifel strategists said.Got $5,000? These 2 High-Yielding Dividend Stocks Are Trading Near Their 52-Week Lows Warren Buffett keeps building Berkshire Hathaway's cash pile because bargains are scarce and he seems worried about the world, Steve Hanke said.Consistent and reliable growth stocks can serve as trustworthy wealth builders for short-term and long-term wealth goals. The post 3 Stocks That Can Help You to Get Richer in 2025 appeared first on The Motley Fool Canada.

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