CANADA STOCKS-TSX rebounds as gold rallies, trade war fears ease
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Canada's main stock index, the S&P/TSX composite, rebounded 1% to close at 30,416.44, driven by a 2.3% gain in the materials sector as gold prices surged. Easing trade war fears, including tariff relief on some U.S. and Chinese products, bolstered investor sentiment. Nine of ten sectors posted gains, with financials and industrials both up 0.8%. However, consumer staples fell 0.7%, led by a 1.5% drop in Loblaw Companies Limited shares, ending its eight-day winning streak.
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