India, June 12 -- Despite the resurfacing of fresh tariff threats and heightening geopolitical tensions, Canadian stocks edged their way into positive territory during trading on Thursday. Investors weighed on the prospects of a trade deal between US and Canada at the G7 summit that begins on June 15.
The benchmark S&P/TSX Composite Index gained momentum throughout the day. Despite drifting lower before noon, the index retraced its journey upwards to settle at 26,615.75, up by 91.59 points or 0.35%.
Yesterday, US President Donald Trump stated that he is going to send letters to trading partners of US in the coming weeks, setting unilateral tariffs. Viewed as a measure ahead of the July 9 deadline which Trump himself had earlier set for ta...