Canada’s main stock index gave up modest gains on Thursday, with the only growth coming from the mining sector in an otherwise broad decline. Investor sentiment remained cautious amid uncertainty surrounding a potential trade agreement ahead of President Donald Trump’s tariff deadline on Friday.
US markets also stumbled, despite robust earnings from the “Magnificent Seven” tech companies. Microsoft (NASDAQ:MSFT) shares jumped nearly 4 per cent, while Meta (NASDAQ:META) surged just over 11 per cent, both benefiting from better-than-expected quarterly results. Microsoft reported that its Azure cloud platform generated over US$75 billion in annual revenue. Meanwhile, Meta offered an optimistic sales forecast for Q3, surpassing Wall Street expectations. Other major tech players, including Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN), are scheduled to release their earnings after…
