Toronto Stocks Rebound on Trump Tariff Pause

Canadian stocks advanced after a three-day pause on proposed US tariffs provided market relief. Mining shares led the broader index higher alongside rising commodity prices.

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Businessmen pass the Toronto Stock Exchange sing in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren

Canada's main stock index rose 0.9% to 36,653.47 points by Wednesday midday after United States President Donald Trump paused new tariffs. The rebound broke a three-day losing streak across the resource-heavy market. Investors welcomed the temporary reprieve as mining shares surged on rising bullion prices.

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