FX.co ★ Canadian Stocks Edge Higher

On Monday, Canada's S&P/TSX Composite Index experienced a slight uptick, reaching around the 27,800 level. This is close to its recent record high, as market participants evaluated the North American corporate sector's prospects amidst trade tensions with the United States ahead of key earnings reports in Toronto. The banking sector, with heavyweights such as RBC, TD, and BMO, emerged as notable gainers during the session. Meanwhile, Shopify outperformed much of the US tech sector with a notable 2% increase. Furthermore, Enbridge saw an uptick as oil trade between the US and Canada remained unaffected by tariffs. Conversely, Barrick Gold experienced a 3% decline, and Franco-Nevada dropped over 2% following the release of their earnings results before the market opened.