India, July 10 -- Canadian stocks hit a new high on Thursday as investors await the trade agreement between Canada and the US despite the US pushing the pedal harder on tariffs.

After opening near yesterday's close, the benchmark S&P/TSX Composite Index entered positive territory and climbed to an intraday high of 27,120.00 post noon.

Holding the momentum, the index settled at 27,082.30, up by 109.98 (or 0.41 %).

The tariff tension initiated by US President Donald Trump earlier this year continues to weigh on market sentiments.

Trump extended the "reciprocal tariff" suspension period from July 9 to August 1. Already the UK, China, and Vietnam are done with trade agreements with the US. India and the EU are close on the heels.

As other ...