TSX Snaps Losing Streak on Mining Gains
Canada main stock index ended its losing streak as the materials sector posted its biggest jump in six years. Investors rotated into mining shares while monitoring potential U.S. auto and metal tariff cuts.
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Canada's main stock index rose 33.86 points, or 0.1%, to 36,401.79 on Wednesday, snapping a three-day losing streak as investors rotated out of bank shares. The rebound follows a record closing high notched by the index on the previous Thursday. Sector rotation lifted raw materials as market participants weighed potential tariff adjustments on industrial metals.
