TSX hits record high as bank earnings beat estimates
Canadas main stock index reached a record high as major banks reported stronger quarterly earnings. Financial shares gained despite new U.S. and Canadian tariffs.
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Canada's main stock index rose 243.51 points, or 0.7%, to a record closing high of 36,957.63 on Tuesday afternoon. The advance surpassed the previous record set on August 13. The rally came as major lenders reported stronger-than-expected earnings despite ongoing trade friction.
