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Market Update: TSX Closes Shy of Records
Canadian shares edged higher for a second consecutive day on Tuesday, with the benchmark S&P/TSX composite ending just shy of record highs driven by gains in the technology sector. Investors continued their buying on expectations of a vaccine and stimulus-driven economic recovery, shrugging off concerns that rising inflation will prompt central banks to tighten monetary policy sooner and more abruptly than expected. The largest percentage gainers on the TSX were Canada Goose Holdings Inc, which surged 6.4% and Ballard Power Systems Inc, which rose 5.9%. [/s2If]
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