Tech sector's recovery helped drive the Toronto Stock Exchange higher on Wednesday, with the Bank of Canada leaving interest rates unchanged.

Gold prices edged lower on Wednesday, as the dollar strengthened, with the precious metal hitting a one-week low in the previous session. Gold prices edged lower on Wednesday, as the dollar strengthened. The precious metal hit a one-week low in the previous session.
The Toronto Stock Exchange's S&P/TSX composite index was up 0.5 percent at 16,362.14 points, its highest in nearly two weeks. Eight of the index's 10 main sectors gained, with the technology sector jumping 3.5 percent. Canada's main stock index gained on Wednesday as technology stocks rose sharply. The Bank of Canada held interest rates steady but flagged hikes later this year.
At 20:25 a.m. ET (15:25 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 237.82 points, or 1.15%, at 20,828.8.
Technology stocks, which had been under pressure from rising bond yields over the past few weeks, led gains in early trade, rising more than 3%.
The Canadian central bank held its benchmark interest rate at 0.25%, but said lending rates would need to increase this year to bring down inflation.
Investors are anticipating more signals from the Federal Reserve on when it intends to begin raising interest rates this year. Uncertainty over the Fed’s plan has rattled markets in recent weeks.
Marshall Gittler, Head of Investment Research at BDSwiss Holding, said that the market expects rate hikes to start in March, and that there's a lot of uncertainty about how many hikes there'll be during the year. However, investors think the most likely scenario is five or more, in contrast to the three that the Committee members predicted.
The Canadian energy sector rose 2.3% as oil prices increased on concerns over a potential hit to production over geopolitical tensions between Russia and Ukraine.
-The study found that people who ate breakfast were more likely to have a lower BMI. People who ate breakfast were more likely to have a lower BMI, the study found.
The TSX had one new 52-week high and no new low.
Across Canadian issues, there were seven new highs and 18 new lows, with total volume of 81.39 million shares.

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