<p>加拿大市场在今天的交易中表现出强劲，投资者转向防御性、建筑和材料类股票，预计公共支出将增加。报告显示，渥太华正在加快对军事采购和基础设施的承诺，这可能为工程和矿业公司提供助力。</p>
<p>多伦多证券交易所上涨 166.53 点，或 0.55%，至 30,638.21 点。</p>
<p>在一个显著的变化中，加拿大财政部确认联邦预算将于秋季而非春季公布。此举旨在更早地明确财政优先事项，尽管对国家日益扩大的赤字的担忧依然存在。</p>
<p>地方风险也进入了视野。阿尔伯塔省的教师罢工给省级财政带来了压力，而与美国的持续贸易摩擦继续影响出口导向行业的前景。</p>
<p>在贝街</p>
<p>多伦多创业交易所上涨 30.44 点，至 994.48 点。</p>
<p>在华尔街</p>
<p>美国股市今天呈现出热情与谨慎的混合，华尔街因人工智能的势头而上涨。</p>
<p>美国股票交易接近历史高位，科技股再次表现强劲。标准普尔 500 指数和纳斯达克综合指数上涨，而道琼斯工业平均指数则因一些工业和消费品公司的压力而滞后。</p>
<p>主要推动因素是超微半导体（AMD），该公司的股票在宣布与 OpenAI 达成重要协议以供应 AI 芯片后上涨超过 25%。这一举动引发了半导体和与 AI 相关股票的广泛上涨，Marvell 和 Micron 等公司也获得了涨幅。相比之下，英伟达的股价小幅下滑，投资者在权衡竞争加剧的影响。</p>
<p>并购活动也成为当天的头条新闻。第五第三银行（Fifth Third Bancorp）宣布以 109 亿美元的全股票收购 Comerica，Comerica 的股价大幅上涨，而第五第三的股票则受到压力。这笔交易突显出对监管机构可能支持银行业整合的信心日益增强。</p>
<p>在宏观方面，美国政府部分关门仍在继续，但投资者目前似乎并未受到影响。市场关注点转向美联储，主席杰罗姆·鲍威尔（Jerome Powell）和会议纪要的发布预计将影响利率政策的预期。由于在关门期间可用的数据发布较少，美联储的评论和企业盈利有望推动短期情绪。</p>

<p>加拿大市场正在上涨，主要受到国防、建筑和材料股票的推动，原因是预计公共支出将增加。多伦多证券交易所上涨了 166.53 点，达到 30,638.21 点，而多伦多创业交易所上涨了 30.44 点。联邦预算将于秋季公布，这引发了对赤字扩大问题的担忧。在美国，股市表现参差不齐，AMD 股票在与 OpenAI 达成协议后大幅上涨，而 Fifth Third Bancorp 宣布以 109 亿美元收购 Comerica。市场关注的焦点正在转向美联储，因部分政府停摆的影响</p>

<p>Canadian markets are showing strength in todays session with Investors rotating into defense, construction, and materials stocks on anticipation of increased public spending. Reports suggest Ottawa is accelerating commitments to military procurement and infrastructure, which could provide tailwinds for engineering and mining firms.</p>
<div class="lb-trans"><p>加拿大市场在今天的交易中表现出强劲，投资者转向防御性、建筑和材料类股票，预计公共支出将增加。报告显示，渥太华正在加快对军事采购和基础设施的承诺，这可能为工程和矿业公司提供助力。</p>
</div><p>The TSX was up 166.53 points, or .55%, to 30,638.21</p>
<div class="lb-trans"><p>多伦多证券交易所上涨 166.53 点，或 0.55%，至 30,638.21 点。</p>
</div><p>In a notable shift, Canada’s finance ministry confirmed that the federal budget will now be presented in the autumn rather than the spring. The change is intended to give earlier clarity on fiscal priorities, though concerns about the country’s widening deficit linger.</p>
<div class="lb-trans"><p>在一个显著的变化中，加拿大财政部确认联邦预算将于秋季而非春季公布。此举旨在更早地明确财政优先事项，尽管对国家日益扩大的赤字的担忧依然存在。</p>
</div><p>Local risks also entered the picture. A teachers’ strike in Alberta is adding pressure to provincial finances, while ongoing trade frictions with the U.S. continue to cloud the outlook for export-oriented industries.</p>
<div class="lb-trans"><p>地方风险也进入了视野。阿尔伯塔省的教师罢工给省级财政带来了压力，而与美国的持续贸易摩擦继续影响出口导向行业的前景。</p>
</div><p>ON BAYSTREET</p>
<div class="lb-trans"><p>在贝街</p>
</div><p>The TSX Venture Exchange jumped 30.44 points to 994.48</p>
<div class="lb-trans"><p>多伦多创业交易所上涨 30.44 点，至 994.48 点。</p>
</div><p>ON WALLSTREET</p>
<div class="lb-trans"><p>在华尔街</p>
</div><p>Equity markets in the U.S delivered a mix of enthusiasm and caution today, with Wall Street rallying on artificial intelligence momentum.</p>
<div class="lb-trans"><p>美国股市今天呈现出热情与谨慎的混合，华尔街因人工智能的势头而上涨。</p>
</div><p>U.S. equities traded near record levels, buoyed by another strong showing in technology. The S&amp;P 500 and Nasdaq Composite climbed higher, while the Dow Jones Industrial Average lagged as some industrial and consumer names faced pressure.</p>
<div class="lb-trans"><p>美国股票交易接近历史高位，科技股再次表现强劲。标准普尔 500 指数和纳斯达克综合指数上涨，而道琼斯工业平均指数则因一些工业和消费品公司的压力而滞后。</p>
</div><p>The standout driver was Advanced Micro Devices (AMD), whose shares surged more than 25% after the company announced a landmark deal to supply AI chips to OpenAI. The move sparked a broader rally in semiconductor and AI-linked stocks, with companies such as Marvell and Micron notching gains. By contrast, Nvidia slipped modestly as investors weighed the impact of heightened competition.</p>
<div class="lb-trans"><p>主要推动因素是超微半导体（AMD），该公司的股票在宣布与 OpenAI 达成重要协议以供应 AI 芯片后上涨超过 25%。这一举动引发了半导体和与 AI 相关股票的广泛上涨，Marvell 和 Micron 等公司也获得了涨幅。相比之下，英伟达的股价小幅下滑，投资者在权衡竞争加剧的影响。</p>
</div><p>Mergers and acquisitions also added to the day’s headlines. Fifth Third Bancorp unveiled a $10.9 billion all-stock takeover of Comerica, sending Comerica shares sharply higher while weighing on Fifth Third’s stock. The deal highlights growing confidence that regulators may support consolidation in the banking sector.</p>
<div class="lb-trans"><p>并购活动也成为当天的头条新闻。第五第三银行（Fifth Third Bancorp）宣布以 109 亿美元的全股票收购 Comerica，Comerica 的股价大幅上涨，而第五第三的股票则受到压力。这笔交易突显出对监管机构可能支持银行业整合的信心日益增强。</p>
</div><p>On the macro front, a partial U.S. government shutdown continues, but investors appear unfazed for now. Market attention is pivoting to the Federal Reserve, with Chair Jerome Powell and the release of meeting minutes expected to shape expectations for interest-rate policy. With fewer data releases available during the shutdown, Fed commentary and corporate earnings are poised to drive short-term sentiment.</p>
<div class="lb-trans"><p>在宏观方面，美国政府部分关门仍在继续，但投资者目前似乎并未受到影响。市场关注点转向美联储，主席杰罗姆·鲍威尔（Jerome Powell）和会议纪要的发布预计将影响利率政策的预期。由于在关门期间可用的数据发布较少，美联储的评论和企业盈利有望推动短期情绪。</p>
</div>

Mining & Infrastructure Stocks Lead TSX Gains

- 加拿大市场因预期公共支出增加而上涨，TSX 上涨 166.53 点至 30,638.21。  
- 加拿大财政部确认联邦预算将于秋季发布，旨在提前明确财政优先事项。  
- 美国股市因人工智能势头而上涨，AMD 股价飙升 25%，推动半导体股普遍上涨。  

矿业和基础设施类股领涨多伦多证券交易所