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Image Credit: Baystreet

TSX Gains in First Hour

  • Equities in Canada's largest market, TSX, opened higher on Wednesday driven by gains in real estate shares as investors kept an eye on trade and tariff updates.
  • Nissan halted production of three models in Canada due to the mutual tariffs imposed by the U.S. and Canada on auto exports.
  • Asset manager Blackstone and U.S. equity funds are reportedly in talks to buy H&R assets, with an activist investor urging the real estate investment trust to sell.
  • Stocks on Wall Street rose, with tech leading the gains, as Nvidia became the first company to reach a market capitalization of $4 trillion, while investors monitored tariff updates and awaited the Federal Open Market Committee's minutes release.

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