The TSX’s financials subsector was up nearly half a percentage point on Tuesday.
Looking ahead to Friday, investors will be eyeing Statistics Canada’s labour force survey for September.
RBC Economics Research has said Canadian employment is expected to continue to increase that month, rising 10,000 though this would be down from the 22,000 increase in August.
“The slowing largely reflects the expectation that the gain in service-producing jobs drops to just 5,000 after the 35,900 surge in August,” it said in an investor’s note.
Meanwhile, some U.S. economic reports may look abnormally weak because of the hurricanes that have recently struck the United States, such as this week’s upcoming report on hiring. But investors are expecting to see temporarily weaker numbers, which would limit the impact.
In currency markets, the Canadian dollar was trading at an average price of US80¢, up 0.03 of a cent.
The November crude contract fell US16¢ to US$50.42 per barrel and the November natural gas contract was down US2¢ at US$2.90 per mmBTU.
The December gold contract gave back US$1.20 to US$1,274.60 an ounce and the December copper contract was unchanged at US$2.96 a pound.