Canada’s S&P/TSX Composite Index Closes at Record High

Canada’s stocks benchmark closed at a record on Thursday, a dramatic reversal for an index that entered a correction less than six weeks ago and seen as a major sentiment boost for investors.

The S&P/TSX Composite Index climbed 0.8% on Thursday, gaining for an eighth-straight session, to end the day at a record high 25,897.48 points. It’s the index’s first closing record since January, when US President Donald Trump was inaugurated and began to hit Canada with tariffs.