At the open: TSX opens higher on financials boost; Hydro One sinks

At the open: TSX opens higher on financials boost; Hydro One sinks
At the open: TSX opens higher on financials boost; Hydro One sinks
At the open: TSX opens higher on financials boost; Hydro One sinks

Canada’s main stock index opened higher on Thursday, lifted by gains in financial stocks, a day after the Bank of Canada hiked interest rates for the second time this year. The Toronto Stock Exchange’s S&P/TSX Composite index was up 69.74 points, or 0.42 per cent, at 16,487.06. Hydro One stock fell 5.2 per cent after its board and CEO resigned under pressure from the newly elected provincial Conservative government. Story continues below advertisement Eight of the TSX’s 11 sectors were higher. T…

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At the open: TSX opens higher on financials boost; Hydro One sinks