The TSX Composite Index hit a record high, boosted by technology and mining shares while investors monitored the latest U.S. tariff threats against the EU, Mexico, and Canada.
Canadian dollar slightly strengthened, U.S. President Trump imposed tariffs, excluding goods under the USMCA trade deal, and technology stocks rose with Bitfarms amidst a record-breaking day for bitcoin.
Industrial stocks like Thomson Reuters reached all-time highs, mining shares also surged, and domestic trade data showed a modest wholesale trade growth in May.
On Wall Street, stocks were stable despite tariff concerns, with investors anticipating upcoming second-quarter earnings reports and monitoring inflation data this week.