Canadian, U.S. stock markets notch new record highs amid continued AI boom - BNN Bloomberg
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Article Excerpt
TORONTO — Stock markets in Canada and the U.S. reached new highs, powered by gains in energy and AI, respectively.
Theresa Shutt, chief investment officer at Harbourfront Wealth Management, said themes around higher risk appetite driven by “AI fervour” helped lift the U.S. market. She said this was somewhat counterbalanced by lingering tensions between the U.S. and Iran and concerns that the market has risen too high.
The S&P/TSX composite index was up 434.57 points at 35,169.46.
Real-time TSX market updates here
In New York, the Dow Jones industrial average was up 228.91 points at …
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