TSX Composite rises 0.3% to 36,759, extends record streak

Canada's S&P/TSX Composite Index rose 0.3% to close at 36,759, extending its record-breaking streak even as oil prices fell on weakening demand prospects. Softer U.S. PPI (Producer Price Index, a wholesale inflation gauge) data pointed to easing inflation pressures and supported financials and other credit-sensitive shares, with RBC up 0.6% and CIBC gaining 1.1%. Technology stocks also advanced, following a strong session for U.S. chipmakers and hyperscalers, as Shopify climbed 5.3%, Constellation Software added 2.8% and Celestica rose 2.6%. Brookfield gained 0.7% after reporting higher second-quarter distributable earnings per share. CCL jumped 6.9% after posting 9.1% sales growth and 10.7% adjusted EPS growth, while Pan American Silver slumped 9.8% after reporting EPS below expectations. Hydro One fell 0.5% despite beating quarterly estimates, and Metro lost 0.5% after weaker fiscal third-quarter adjusted earnings.

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