India, April 8 -- Canadian shares are likely to open on a positive note on Tuesday, rebounding from recent losses. Asian markets closed on a firm note and European stocks are up as well, amid optimism the U.S. President Donald Trump will soften his tariff stance on a few countries.
Trump said on Monday he would talk to China, Japan and other countries over the tariffs, but was not looking at a pause on the duties.
On the economic front, the IVEY Purchasing Managers Index score for March is due at 10 AM ET.
The Ivey Purchasing Managers Index in Canada soared to 55.3 in February 2025 from 2020-lows of 47.1 in January.
In company news, Stantec has acquired Ryan Hanley, a 150-person engineering and environmental consultancy with locations a...