TSX reaches record high on financial and mining gains
The S&P/TSX Composite index rose 1.2% to a record 35,217.06 on Thursday. Gains in financial and mining shares outweighed a decline in oil prices and TransAlta.
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Canada's S&P/TSX Composite index rose 1.2% to a record 35,217.06 on Thursday. Financial and metal mining shares led the advance as the United States pursued Middle East peace negotiations. Investors are balancing geopolitical optimism against a 3.1% drop in oil prices and upcoming domestic labor data.
