TSX hits record high on technology sector strength

Canada's main stock index reached an all-time high of 34,479.10 points on Friday. Gains in technology and energy sectors offset losses in mining and CAE shares.

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Canada's S&P/TSX Composite Index rose 0.2% to a record 34,479.10 points on Friday morning. The index surpassed its previous peak from March 2, driven by a 1.1% gain in technology shares. Investors are prioritizing tech growth over geopolitical tension as the United States and Iran continue diplomatic talks.

Tech Resilience Outpaces Geopolitical Risk

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