Canada’s main stock index rose on Thursday, tracking a global market rally, spurred by US President Donald Trump’s promise of the first trade deal in his global tariff war. The energy sector was the top gainer on the TSX, while utilities was the lone decliner.
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US markets also rose after President Trump announced that a trade deal between the US and United Kingdom had been struck.
The Canadian dollar traded for 71.84 cents US compared to 72.27 cents US on Wednesday.
US crude futures traded US$1.87 higher at US$59.94 a barrel, and the Brent contract rose US$1.76 to US$62.88 a barrel.
The price of gold was down US$93.74 to US$3,292.14.
In world markets, the Nikkei was up 148.97 points to ¥36,928.63, the Hang Seng was up 84.04 points to HK$22,775.92, the FTSE was down 27.72 points to ₤8,531.61, and the DAX was up 236.73 points to €23,352.69.
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