TORONTO — Canada's main stock index struggled to find direction and finished flat on Thursday, while U.S. markets reached new highs and investors digested key earnings reports on both sides of the border.
“I think investors should welcome a boring market at all-time highs,” said Stephen Duench, portfolio manager for AGF Investments Inc.
He noted Thursday’s trading session marked a milestone for markets moving past some key earnings reports.
“There's nothing that's more important than Canadian bank earnings in Canada. There's nothing more important than Nvidia earnings in the U.S. … So we've survived this very important period,” Duench said.
“I think a boring market in the coming days would be something that is quite welcome for investors, because we've gone through what could have been