TSX hits a record on gold, then opens lower as Trump tariff threat returns
The S&P/TSX Composite Index fell 0.44% at Tuesday’s open to 32,945.52 after hitting a record high Monday. December inflation in Canada rose 2.4% year-on-year, above forecasts. Gold prices surged, lifting materials stocks, while technology shares declined. Renewed U.S. tariff threats and higher inflation weighed on sentiment.