Canadian stocks remain higher midday at the S&P/TSX rebounds from a global rout that sent benchmark indexes into a steep two-day decline.
The current market volatility has been fueled by concerns about China’s economic growth and the threat of an interest-rate hike from the Federal Reserve.
U.S. stocks are also higher at midday, rebounding after a sharp two-day selloff.
Stocks, commodities and emerging-market currencies continue to gain after China cut interest rates last night.
