TSX opens higher as Fed rate-cut optimism continues

Canada's main stock index opened higher on Tuesday, with consumer staples' shares leading the gains, as investors assessed a series of economic data out of the U.S. amid growing expectations of an imminent rate cut by the Federal Reserve.

At 9:31 a.m. ET, Toronto's S&P/TSX composite index TSX was up 0.2% at 30,655.90 points.