Canadian stocks rose for a third straight session, with the S&P/TSX Composite Index hitting a new record high of 32,081.92. Materials and energy sectors led the gains, with Discovery Silver Corp up 11.7% and International Petroleum Corp up 2.3%. Industrial product prices in Canada increased by 0.9% in November, the sixth consecutive monthly rise, while the Raw Materials Price Index edged up 0.3% month-on-month. Canopy Growth is down over 7%, while other sectors like BlackBerry and Cameco are among the prominent gainers. Optimism about more interest rate cuts by the Federal Reserve also contributed to the positive mood in the market.

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