TSX Rises Amid Gold Strength, Trump's Tariff Threat

Canada's main stock index rose on Monday due to gains in gold stocks as bullion prices climbed, but investors were cautious amid new U.S. tariffs on Canadian goods and President Donald Trump's warning of higher levies on Canadian autos, parts, and steel.

The TSX ended the day up 0.26% at 36,714.12 points after moving between gains and losses during the session, as investors weighed the latest tariff threat against strength in commodity-linked stocks.

The Materials sector, which includes metal mining shares, rose 1.4% as gold prices climbed to a more than three-month high, supported by a weaker U.S. dollar. Prime Minister Mark Carney said Canada had suspended trade negotiations and would retaliate against the new U.S. tariffs on a 'dollar-for-dollar' basis.