Tech stocks help S&P/TSX composite climb as Trump tariff threats fail to shake market

TORONTO — Canada’s main stock index continued to climb Friday amid tech and financial gains, extending a nearly two-week run as markets bank on averting trauma from tariffs threatened by President Donald Trump.

The S&P/TSX composite index rose 34.41 points to 25,468.49.

“Overall, the market is moving quite mildly,” said Kevin Burkett, president of Victoria-based Burkett Asset Management.

“The main driver is technology,” he said, noting that Shopify Inc. and Constellation Software Inc. enjoyed modest gains.

Energy and industrials weighed on the TSX, however.

In the U.S, markets took a breather Friday after the S&P 500 posted a record high the day before.

In New York, the Dow Jones

→ Continue reading at BIV

Related articles

Comments

Share article

Latest articles