India, July 7 -- Canadian stocks slipped on Monday amid lingering global trade uncertainty and ongoing US-Canada tariff negotiations.
The benchmark S&P/TSX Composite Index pushed its way to reach an intraday high of 27,100.16 within an hour after opening. However, unable to hold on to that level, it turned downwards to settle marginally lower at 27,020.28, down by 15.88 (or 0.06 %).
Notably, last Friday, despite lower trading volumes due to July 4 Holiday in the US, the index ended the session at a new record high of 27,036.16.
As the July 9 tariff deadline set by the US President Donald Trump is approaching, investors took confidence in the government's commitment to come up with a trade deal by July 21.
Ahead of the high-level negotia...