Canada July wholesale trade most likely rose 1.4% -Statscan flash estimate

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Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor vehicle parts and accessories as well as the building material and supplies subsectors, Statistics Canada said in a flash estimate on Friday.

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NEW YORK — Stocks are holding on to gains after Federal Reserve Chair Jerome Powell said more rate hikes could be on the way to continue the Fed’s fight against inflation. The S&P 500 was up 0.4% Friday morning, coming off its worst loss in three weeks. The Dow was up 101 points and the Nasdaq composite was up 0.7%.

 

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Canada July wholesale trade most likely rose 1.4% -Statscan flash estimateOTTAWA (Reuters) - Canadian wholesale trade most likely rose 1.4% in July from June, largely due to higher sales in the motor vehicle and motor vehicle ...
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