TSX rises on mining strength and corporate earnings
The S&P/TSX Composite index edged higher on Thursday as gold mining stocks and heavyweight financials offset a decline in the technology sector. Investors analyzed a wave of quarterly results from companies including Canadian Natural Resources and AtkinsRéalis while monitoring global geopolitical developments.
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The S&P/TSX Composite index in Canada rose 0.2% on August 6 as mining gains and corporate earnings offset a sharp decline in technology stocks. The index extended its advance following a record high in the previous session. Investors are balancing robust domestic profit reports against geopolitical uncertainty involving the United States and Iran.
