12:07 PM EDT, 07/30/2024 (MT Newswires) -- The Toronto Stock Exchange, which was up more than 100 points in early trade, and nearing the 22.900 level, has given up over half its gains and is now 38 points higher.

Healthcare and financials are the biggest gainers, up 2.4% and 0.7%, respectively.

Miners and info tech are the sole decliners, down 1.6% and 0.5%, respectively.

Oil fell to a near two-month low early on Tuesday on weak China demand and flagging investor interest in the commodity.

Gold moved higher as treasury yields eased ahead of the start of the two-day meeting of the Federal Reserve's policy committee that is expected to end with interest rates unchanged. Gold for December delivery was last seen up US$7.00 to US$2,432.50 per ounce.

Natural gas prices fell, dropping for a sixth-straight session as long-term forecasts cool and supply is robust.

BMO Economics in its morning note said after a fairly quiet day yesterday, markets understandably have an eye on the slate of central bank announcements scheduled for tomorrow. The Fed's expected on-hold decision (plus any potential changes to communications), and a possible change in BoJ policy, are all on the table, the bank noted.