India, Aug. 11 -- Canadian stocks ended slightly higher on Monday despite the ongoing tariff uncertainty, benefitting from expectations of a US Fed rate cut and renewed faith in PM Mark Carney's measures to rebuild the economy.
After opening just a little lower than the previous close, the benchmark S&P/TSX Composite Index swung back and forth across the unchanged line until noon before reaching an intraday high of 27,841.39 just past noon. The index remained in positive territory for the rest of the session before closing at 27,775.23, up by 16.55 points (or 0.06%).
On July 10, US President Donald Trump announced a 35% tariff on all goods imported into the US from Canada that are not compliant with the Canada-US-Mexico Agreement (CUSMA)....