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Story perspectives

Canada and U.S. Markets Hit Record Highs Amid Growth

7/4/2025

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Story summary
  • Canada's S&P/TSX composite index soared to a record 26,869.66, fueled by resource and consumer discretionary stocks.
  • U.S. markets achieved record highs, supported by a trade agreement with Vietnam and robust job growth.
  • Nvidia approached a $4 trillion valuation, contributing to a 0.77% increase in the Dow.
  • Canada’s trade deficit decreased in May, bolstered by strong performance in technology and financial sectors.