Canada’s main stock index rose Monday, led by strength in energy and industrial stocks as the price of oil climbed, while U.S. markets were mixed as investors closed out a volatile month and nervously eyed impending tariffs.
Markets started the day in the red before steadily climbing throughout the day.
“We are in this in-between phase. We don’t know what the next move is,” said Konstantin Boehmer, head of fixed income and portfolio manager at Mackenzie Investments.
“Clearly, we have a big day coming up.”
That big day is Wednesday, April 2, which U.S. President Donald Trump has dubbed “Liberation Day.” A slew of tariffs against Canada and other countries are expected to be enacted after a month of uncertainty marked by delays, exemptions and newly announced duties on various imports or industries….