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TSX Extends Gains on AI Demand

Canada's main stock index extended gains as upbeat earnings from Wall Street signaled stronger artificial intelligence demand. Technology and heavyweight financial equities led the advance alongside rising energy and materials sectors.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's main stock index rose 0.62% to 36,330.87 points during Wednesday morning trading as technology shares rallied. The advance followed upbeat earnings reports from the United States, signaling robust global demand for artificial intelligence hardware and services. Investors weighed the tech sector gains alongside steady energy prices and upcoming fiscal policy updates.
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