Canada’s main stock index rebounded on Tuesday, though stubborn inflation, weakening gold prices, and ongoing trade-related concerns with the United States weighed on investor sentiment. Meanwhile, German Chancellor Friedrich Merz said Canada is becoming increasingly aligned with Europe and suggested that trend is likely to continue as he promoted Europe’s largest economy to investors in Berlin.
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US equities delivered a mixed performance, with artificial intelligence-related stocks facing renewed selling pressure after Wall Street posted a broadly positive session the previous day.
| TSX | 36,107.96 | +179.33 |  |
| TSXV | 846.00 | -0.50 |  |
| CSE | 139.49 | +0.18 | |
| DJIA | 52,495.88 | +529.85 | |
| NASDAQ | 26,424.82 | -6.07 | |
| S&P 500 | 7,712.57 | +21.84 | |
The Canadian dollar traded for 71.13 cents US compared to 70.86 cents US on Monday.
US crude futures traded $0.47 lower at US$98.07 a barrel, and the Brent contract lost $0.56 to US$109.00 a barrel.
The price of gold was down US$18.40 to US$4,122.25.
In world markets, the Nikkei was down 841.28 points to ¥64,075.42, the Hang Seng was down 319.09 points to HK$23,867.74, the FTSE was down 31.69 points to ₤10,733.00, and the DAX was down 15.35 points to €25,304.42.
