Canadian Stocks Remain Resilient Amid Trade Uncertainty
Canadian stocks saw modest gains on Wednesday, led by mining companies despite US tariff threats. The S&P/TSX Composite Index reached an intraday high of 27,018.54 before settling at 26,972.32, up by 0.26%. The US extended tariff suspension to August 1, creating global uncertainty. Canadian PM Mark Carney continues trade negotiations with the US while pushing for diversification. Canadian CEOs plan to sign trade agreements with India and export natural gas to South Korea. Investors await Friday’s job data and monitor bond yields. Major gainers include Endeavour Silver Corp and First Majestic Silver Corp, while losers include Rogers Communications and Baytex Energy.
Read more at Nasdaq: Canadian Stocks Rise Even As Trade Uncertainty Looms