23 January 2026, 00:57 Canada: TSX Rises for 2nd Straight Session.
The S&P TSX Composite Index rose 0.5% to close at 33,003 on Thursday as a North American risk rally followed President Trump’s retreat from planned Europe tariffs and an outline of a Greenland framework, lifting sentiment across Bay Street. Financials led the advance with Royal Bank of Canada (0.2%), TD Bank (0.8%), Bank of Montreal (1.9%) and CIBC (0.7%) while industrials added support as Canadian Pacific ticked up 0.3% after confirming plans to buy 30 Tier 4 locomotives as part of an $800m US investment. Energy lagged on softer crude with Canadian Natural Resources (-1.7%), Suncor (-1.6%), Imperial Oil (-1.2%), and Cenovus (-0.6%). Materials were mixed as precious metals outperformed with Agnico Eagle adding 3.6% and Wheaton surging 4.2%, while Barrick was mostly flat.
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