Update: TSX Closes 27-Points Higher as Bank of Canada Raises Key Lending Rate, Continues to Emphasize Caution

Canada's main stock market closed higher Wednesday, buoyed by the cautious tone in the Bank of Canada's well-anticipated 25 bps rate hike this morning. The S&P/TSX Composite Index gained 27 points or 0.2% to close at 16,326. U.S. markets had a better day ...