FX.co ★ TSX Hits 12-Week High

On Tuesday, the S&P/TSX Composite Index increased approximately 0.4%, surpassing the 25,600 threshold, and reaching its highest standing in twelve weeks. This rise was driven by gains in resource-linked sectors, spurred by the U.S.–China agreement to temporarily reduce reciprocal tariffs for 90 days. The rally in crude oil prices bolstered energy giants like Canadian Natural Resources and Suncor. Simultaneously, a recovery in gold prices benefitted major mining companies such as Barrick and Agnico Eagle. In the technology sector, Shopify outshone the broader market with a gain exceeding 3%, further propelling the index upward.