FX.co ★ TSX Edges Higher on Tuesday

The S&P/TSX Composite Index edged about 0.2% higher on Tuesday, trading above 33,050 as investors largely stayed on the sidelines ahead of key US economic releases due later this week. Gold prices were little changed after strong gains in the previous session, leaving major miners mixed. Energy stocks also posted a mixed performance, with oil prices stabilizing amid persistently elevated US–Iran tensions, which continued to fuel worries about potential supply disruptions in the Middle East. Shopify gained nearly 5% as investors positioned ahead of its earnings report, buoyed by expectations of solid results, renewed confidence in its AI-driven commerce strategy, and broader strength in large-cap technology names. On the corporate front, the market looked ahead to earnings from Constellation Software and Intact Financial later in the day, with results from Great-West Lifeco, Manulife Financial, Shopify, Sun Life Financial, and Waste Connections scheduled for Wednesday.