FX.co ★ Canada Stock Market Index (TSX) at 25047.96points

The S&P/TSX Composite Index experienced a 0.3% increase, surpassing the 25,030 level on Wednesday. This uptick was fueled by a reduction in global trade tensions and expectations of a dovish stance from U.S. policymakers, positively impacting financial and technology stocks. The technology sector saw notable gains, with Shopify increasing by over 2% and Constellation Software rising by approximately 1%. Additionally, major banks like RBC, TD, BMO, Scotiabank, Brookfield, and Manulife each posted gains exceeding 0.6%. Investor sentiment improved following Prime Minister Mark Carney's meeting with U.S. President Donald Trump at the White House on Tuesday. Although no specific trade agreements were reached, both leaders regarded the discussions as constructive. The prospect of easing tensions was further supported by plans for U.S. and Chinese officials to convene in Switzerland over the weekend, a promising development for Canada’s economy, which is sensitive to international trade fluctuations. Moreover, increased confidence that the Federal Reserve will maintain stable interest rates assuaged concerns about funding costs for Canadian stocks.