16 July 2025, 23:44  Canada: TSX Rebounds Toward Record Highs.

The S&P/TSX Composite rose 0.4% to close at 27,153 on Wednesday, driven by strength in financials, technology as investors digested softer US producer-price data alongside resilient Canadian housing activity. Shopify led tech gains with a 4% jump on chatter around its expanding AI checkout partnerships with ChatGPT, while Brookfield rallied 4.3% after its infrastructure arm reported steady cash flows. Mining and energy were mixed - Agnico Eagle edged up 0.3%, but Canadian Natural and Suncor fell amid slipping oil prices. Trade-war fears briefly resurfaced after President Trump announced a new 19% tariff on Indonesian goods, but the broader pipeline of looming 30% duties on EU and Mexican imports appears to be in flux, allowing export-linked sectors to steady.

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