The TSX (S&P/TSX Composite Index) is not down today; in fact, it went up. On September 17, 2025, the TSX rose following the Bank of Canada's decision to lower its key interest rate to a three-year low, which was anticipated by many. The index climbed about 72.97 points to 29,388.20, benefiting from the interest rate cut aimed at stimulating the economy amid signs of labor market weakness and slower growth. Investors are also waiting for the U.S. Federal Reserve's policy announcement later in the day. Some sectors like telecommunications and utilities showed strength, while technology stocks faced some pressure. The market movement reflects the impact of economic and policy factors rather than a downturn.
