Canada: TSX Hits All-Time High.

The S&P/TSX Composite rose 0.7% to close at a fresh record of 27,199 on Monday, as a wave of strength in technology and industrial names offset renewed US tariff jitters. Thomson Reuters powered the advance with an 7.7% surge after unveiling stronger-than-expected subscription growth, while Shopify vaulted 4.3% on the back of encouraging merchant metrics. Beneath the surface, Statistics Canada’s May wholesale trade data, showing a 0.1% gain led by personal and household goods, reinforced evidence of resilient domestic demand, and firm commodity prices lent additional underpinning to the market’s upside. Nonetheless, a broader rally was tempered by President Trump’s weekend threat of 30% duties on imports from the EU and Mexico, on top of Canada’s pending levies, reviving fears of a global trade slowdown and prompting a cautious rotation out of export-sensitive sectors.