Despite no clarity on U.S. trade tariffs, Canadian equities continued to climb for a second consecutive session on Tuesday, boosted by weaker-than-expected U.S. job openings data that raised hopes for rate cuts. The S&P/TSX Composite Index climbed by 116 points, or 0.5%, to settle at 25,033.
While healthcare stocks witnessed weakness, most other sectors ended the session in positive territory, with consumer, financial, and utilities sectors powering the index higher.
Top TSX Composite movers and active stocks
BRP (TSX:DOO) stock surged over 5% on Tuesday after announcing two key divestitures in its marine business. The company signed definitive agreements to sell its U.S.-based Alumacraft brand to Bryton Marine Group and its Australian Telwater unit to Yamaha Motor Australia.
These moves mark BRP’s strategic shift to double down on its core Powersports segment. Investors welcomed the streamlined focus and potential for margin…
