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Market Update: Canadian Stocks Extend Gains Above 20,000
The S&P/TSX edged higher on Monday,extending gains above the historic 20,000 level supported by energy and banking stocks. Meanwhile, retail investors continued to push BlackBerry higher, with the Canadian tech jumping over 3%. On the other hand, weaker commodity prices limited gains of heavyweight raw materials stocks in the index. Over the weekend, G7 nations sealed a deal on a minimum global corporate tax rate of 15%. [/s2If]
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