It’s been a fairly quiet week for U.S. markets, which were closed Monday for Memorial Day. In Canada, the TSX closed out a fourth consecutive month of gains, despite dropping 121 points in May’s final session on Monday.
The TSX started June with a bang, however, touching the 20,000-mark on Tuesday intraday for the first time in history. By Tuesday’s close, the TSX had jumped 245 points, closing at 19,976 after surrendering a bit of ground in afternoon trading. Since March 2020, the Canadian benchmark has risen almost 80%.
Meanwhile, major U.S. indexes finished fairly flat Tuesday after fresh data showed that U.S. manufacturing activity continues to be hampered by rising commodities prices and worker shortages in some industries.
source https://richarddri.ca/tsx-hits-20000-mark-u-s-markets-struggle-for-traction/
Dri Financial Group 