Canada’s main stock index slipped on Tuesday, led by losses in metal miners’ shares, as investors awaited clarity on U.S. tariff negotiations amid ongoing economic uncertainty.
The Toronto Stock Exchange’s S&P/TSX composite index TSX was down 0.2% at 26,338.04 points. The index notched a record high in the previous session.
On Monday, the White House said that U.S. President Donald Trump and Chinese leader Xi Jinping will probably speak this week to iron out trade issues.
Investors will closely monitor the call between the two leaders, as ongoing tariff-induced trade tensions between the world’s two largest economies have caused significant volatility in global equities and businesses.
“The temporary easing of tariffs between the U.S. and China has offered some relief, but Canadian investors remain cautious…watching for signs of meaningful progress before repositioning portfolios”, said Shiraz Ahmed, senior portfolio manager and…
