S&P/TSX composite up more than 300 points
Canada’s main stock index was up more than 300 points in late-morning trading, helped by gains in the energy and base metal sectors, while U.S. stock markets also climbed higher.
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Energy & Commodities
Gold hits US$3,500 as Trump’s Fed broadside sparks flight to haven
Gold surged past US$3,500 an ounce for the first time before paring some gains, as concern that U.S. President Donald Trump could fire U.S. Federal Reserve Chair Jerome Powell triggered a flight from U.S. stocks, bonds and the U.S. dollar.
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Trade War
Vance calls for greater ties with India, hails progress on trade talks
U.S. Vice President JD Vance on Tuesday called for enhanced engagement with India and said that the South Asian country should buy more defense equipment and energy from the U.S. and allow Washington greater access to its market, lending momentum to an expected bilateral trade deal.
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