<ul><li>Canada's main stock index was on track to reach a record high, fueled by a positive U.S. jobs report and signs of easing trade tensions between the U.S. and China.</li><li>The TSX Composite Index rose 69.8 points to 26,412.07, while the Canadian dollar lost 0.10 cents to 73.07 cents U.S.</li><li>The phone call between Trump and Xi Jinping led to optimism that the trade war might de-escalate, and the Canadian government is engaging with the U.S. to lift tariffs on steel and aluminum.</li><li>In the U.S., stocks surged following better-than-expected non-farm payroll data, with the Dow Jones up 392.66 points, the S&P recovering 62.28 points, and the NASDAQ popping 261.90 points.</li></ul>

Stock Gains Tail off

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