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After Prime Minister Trudeau had a phone meeting with Trump late Monday, Trump postponed tariffs on Canadian goods for a month. Markets stabilized Tuesday to show modest gains. The TSX added 0.15% as eight sectors rose, led by energy, tech and staples to counter weakness in sectors including financials.
Keymovers: TMX 8.33%, Celestica 7.34%, Cenovus 4.38%, MDA Space 7.08%, Brookfield Asset Management -3.57%. On a record run, gold increased another US$26 to US$2,841, while WTI declined 0.85% to US$72.55.
American indices fared slightly better: the S&P 0.72%, Nasdaq 1.35% and the Dow 0.3%. Palantir soared 23.99% after delivering a blow-out quarter, Apple rose 2.1%, Nvidia 1.71%, though PayPal Holdings closed at -13.17% and Estee Lauder -16.07%. The U.S. 10-year yield held around 4.513% as Bitcoin tumbled 5% to US$96,900.
