The TSX pared most of its early-session losses to finish marginally lower at 27,020 mark on Monday as investors balanced fresh trade uncertainty against supportive commodity and domestic data. The index initially sold off on lingering concerns over President Trump’s looming tariff deadline - now delayed to August 1st - and threats of 50% duties on metals exporters, which weighed on resource names. However, gold miners rebounded after steep early declines, buoyed by a modest rise in gold prices and expectations that safe-haven flows would not disrupt bullion demand entirely. Meanwhile, June’s trade deficit narrowed slightly on firmer exports, and Canada’s July housing market index held near its six-month high, together reinforcing that domestic growth remains uneven but far from collapsing - even as trade tensions linger.