Canada’s S&P/TSX Composite Index Closes at Record High (2)

Canada’s stocks benchmark closed at a record on Thursday, a dramatic reversal for an index that entered a correction less than six weeks ago and seen as a major sentiment boost for investors.

The S&P/TSX Composite Index climbed 0.8% on Thursday, gaining for an eighth-straight session, to end the day at a record high 25,897.48 points. It’s the index’s first closing record since January, when US President Donald Trump was inaugurated and began to hit Canada with tariffs.

Nine out of 11 sectors gained in Toronto on Thursday, with industrials firms like AtkinsRealis Group Inc. andStantec Inc. leading the ...