In the United States, Wall Street's major indexes traded near record territory following another strong start to the week.
The Dow Jones Industrial Average, S&P 500, and Nasdaq all posted gains, although advances moderated as the trading day progressed. Strong economic indicators, including robust manufacturing data and healthy labor-market readings, reinforced expectations that the U.S. economy remains resilient despite geopolitical uncertainty.
Artificial intelligence remained a dominant market theme. Investors reacted to reports that Alphabet plans to raise approximately $80 billion to expand AI infrastructure, while continued optimism surrounding Nvidia and other AI-related companies helped support technology shares.
Corporate earnings also contributed to positive sentiment, with Hewlett Packard Enterprise delivering results that exceeded expectations and raising its outlook for the year.
Despite concerns about geopolitical tensions and higher oil prices, investors remained focused on strong corporate earnings, technological innovation, and improving economic data.
With both Canadian and U.S. benchmarks hovering near record levels, investors will now turn their attention to upcoming economic reports and corporate earnings releases for further direction.
