India, July 8 -- Canadian stocks fell on Tuesday amid uncertainty about US trade policy after US President Donald Trump delayed the reciprocal tariff deadline until August 1.
Minutes after opening higher than yesterday's close, the benchmark S&P/TSX Composite Index hit an intra-day high of 27,070.18.
The index then turned lower, continued to slide and finally settled at 26,903.57, down by 116.71 (or 0.43 %).
Trump on Monday signed an executive order officially extending the suspension of reciprocal tariffs on U.S. trade partners.
The executive order says the 90-day suspension, which was due to expire on Wednesday, has been extended until August 1st based on "additional information and recommendations from various senior officials."
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