Canadian equities continued to climb for the second day in a row on Thursday as investors shook off concerns over a potential increase in U.S. tariffs on Canadian exports and instead focused on growing indications of more rate cuts in the near term. Even as U.S. markets remained closed for Thanksgiving, the S&P/TSX Composite Index climbed by 55 points, or 0.2%, to settle at 25,544, posting a new closing record.
While all key market sectors ended the session in the green, the market rally was mainly driven by solid gains in healthcare, real estate, and industrial stocks. With this, the TSX benchmark now trades with 0.4% week-to-date gains.
Top TSX Composite movers and active stocks
Shares of Energy Fuels (TSX:EFR) jumped by 3.7% to $9.91 per share, positioning it among the top-performing TSX stocks for the day. This rally in EFR stock came after the Madagascar government lifted the suspension on its Toliara critical minerals…
