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TSX Surges to New Heights, Extending Winning Streak to Nine Days

The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index  rose 0.3% , adding 74.4 points  to settle at 25,971.9 .  This latest surge marks a 2.4% weekly gain , reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase , while Basic Materials saw a slight dip of 0.2% .  Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions . With 74% of TSX-listed stocks closing higher , the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.  Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.

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Tariff Tensions Trigger Market Slide as Trump Reaffirms 'America First' Trade Policy

                                               

U.S. stock indexes stumbled on Friday as confirmation came that President Donald Trump will implement sweeping tariffs on imports from Canada, Mexico, and China starting this Saturday. Major indices reflected growing investor caution ahead of the new trade measures.

According to reports, the Dow Jones Industrial Average fell by 337 points to close at roughly 44,545, while the S&P 500 dropped about 31 points to finish near 6,041. The technology-heavy Nasdaq also recorded a decline of over 54 points, ending the session at around 19,627. The selloff came after the White House reiterated Trump’s commitment to a robust “America First” policy that aims to protect domestic industries by raising the cost of imported goods citeturn0search15.

Earlier in the day, markets had been trading higher as investors digested an inflation report in line with expectations. However, as details emerged confirming the tariffs’ imminent implementation, uncertainty about their potential impact on prices and global supply chains triggered a sharp pullback in sentiment.

Market analysts warn that the tariffs could lead to higher consumer prices and disrupt trade flows, adding to inflationary pressures at a time when economic growth remains fragile. The renewed emphasis on protectionist measures has intensified debates over the balance between domestic job creation and the broader implications for the global trading system.

Investors now face the challenge of navigating a volatile environment as the tariff threat looms over the weekend, with many eyeing key economic indicators in the coming days for signs of how the new policies might ultimately affect market performance.

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