The Canadian stock market closed up about 0.6%, reaching a historic high, rebounding over 20% from the lowest closing point in April, while small-cap indices rebounded over 29% during the same period

Wallstreetcn
2025.07.03 20:23

The S&P/TSX Composite Index in Canada rose by 0.58%, closing at 27,026.24 points, continuing to set a new closing historical high, with a sustained upward trend since early April—an approximate cumulative increase of 20.08% since the close on April 8; the small-cap index rose by 0.27%, closing at 917.94 points, also marking a new closing historical high for the second consecutive trading day, with a cumulative increase of over 29.17% since the close on April 8. On Thursday (July 3), in North America’s late trading session, the yield on Canada’s 10-year benchmark government bonds rose by 2.6 basis points to 3.385%, climbing from around 3.330% to nearly 3.390% when the U.S. non-farm payroll report was released at 20:30 Beijing time. The yield on two-year Canadian government bonds increased by 2.3 basis points to 2.689%, rising from 2.650% to above 2.700% when the non-farm payroll data was released; the yield on five-year Canadian government bonds rose by 2.7 basis points to 2.942%