标准普尔/多伦多证交所综合指数周三上涨0.7%，收于25161点，创一个月新高，受全球贸易紧张局势缓解和美国温和政策背景提振金融和科技股的提振。科技股领涨，Shopify上涨1.6%，Constellation Software上涨1.7%，而包括加拿大皇家银行、布鲁克菲尔德银行、蒙特利尔银行、丰业银行和宏利在内的主要银行各上涨0.6%以上。在收益方面，巴里克黄金公司在公布强于预期的第一季度利润后上涨了1.2%。与此同时，卡尼总理与美国总统特朗普的第一次会晤，尽管没有宣布具体的贸易政策变化，但双方都认为这是建设性的，这仍然缓解了人们对贸易紧张局势升级的担忧。美国和中国官员本周末在瑞士会晤的计划加强了缓和局势的希望。与此同时，美联储保持利率稳定，并维持其资产负债表决选，尽管在持续的贸易摩擦中，美联储表示经济不确定性正在上升。

The S&P/TSX Composite Index rose 0.7% to close at 25,161 on Wednesday, a one-month high, lifted by easing global trade tensions and a dovish U.S. policy backdrop that bolstered financial and tech shares. Tech led gains, with Shopify climbing 1.6% and Constellation Software rising 1.7%, while major banks—including RBC, Brookfield, BMO, Scotiabank, and Manulife—advanced more than 0.6% each. On the earnings front, Barrick Gold gained 1.2% after reporting stronger-than-expected Q1 profits. Meanwhile, Prime Minister Carney’s first meeting with U.S. President Trump, which both described as constructive, though no specific trade policy changes were announced, still eased concerns of escalating trade tensions. Hopes for de-escalation were reinforced by plans for U.S. and Chinese officials to meet in Switzerland this weekend. Meanwhile, the Fed held rates steady and maintained its balance sheet runoff, though it flagged rising economic uncertainty amid ongoing trade frictions.

标准普尔/多伦多证交所综合指数周三上涨0.3%，突破25030点大关，受全球贸易紧张局势缓解和美国温和政策前景提振金融和科技股的支撑。科技股领涨，Shopify上涨超过2%，Constellation Software上涨约1%，而包括RBC、TD、BMO、丰业银行、布鲁克菲尔德和宏利在内的主要银行各上涨超过0.6%。周二，英国首相马克·卡尼在白宫与美国总统唐纳德·特朗普首次会晤，进一步提振了市场情绪。两位领导人都称此次会晤具有建设性，但没有宣布具体的贸易变化。美国和中国官员本周末在瑞士会晤的计划加强了缓和局势的希望，这对加拿大暴露在贸易中的经济来说是一个令人鼓舞的迹象。与此同时，对美联储将保持利率稳定的信心日益增强，缓解了加拿大股市的融资成本担忧。

The S&P/TSX Composite Index rose 0.3% to surpass the 25,030 mark on Wednesday, supported by easing global trade tensions and a dovish U.S. policy outlook that lifted financials and tech stocks. Technology led gains, with Shopify climbing over 2% and Constellation Software up around 1%, while major banks including RBC, TD, BMO, Scotiabank, Brookfield, and Manulife added more than 0.6% each. Sentiment was further buoyed by Prime Minister Mark Carney’s first meeting with U.S. President Donald Trump at the White House on Tuesday, which both leaders described as constructive, though no concrete trade shifts were announced. Hopes of de-escalation were reinforced by plans for U.S. and Chinese officials to meet in Switzerland this weekend—an encouraging sign for Canada’s trade-exposed economy. Meanwhile, growing confidence that the Federal Reserve will hold rates steady eased funding cost concerns across Canadian equities.

周二，标准普尔/多伦多证交所综合指数微涨0.1%，收于24975点，能源和原材料的强劲涨幅因贸易战紧张情绪和关键央行会议前的防御性头寸而有所缓和。加拿大自然资源公司和Agnico Eagle在石油和金属价格走强的推动下，分别以1.6%和3.9%的涨幅领涨大宗商品综合指数。与此同时，特朗普和总理马克·卡尼（Mark Carney）在一次尖锐的交流中出现了外交紧张，卡尼宣布“加拿大不出售”，特朗普打趣道“永远不要说永远不要”。投资者也为美联储即将做出的利率决定做好了准备，而科技和金融领袖表现不佳——加拿大皇家银行（RBC）、Shopify、道明银行（TD Bank）、丰业银行（Scotiabank）和CGI股份有限公司均下跌0.7%至4.9%，突显出市场对关税不确定性的敏感性。

The S&P/TSX Composite Index edged 0.1% higher to close at 24,975 on Tuesday, as robust gains in energy and materials were tempered by renewed trade-war jitters and defensive positioning ahead of key central-bank meetings. Canadian Natural Resources and Agnico Eagle—buoyed by firmer oil and metal prices—led the commodity complex with gains of 1.6% and 3.9%, respectively. Meanwhile, diplomatic strains surfaced in a pointed exchange between Trump and Prime Minister Mark Carney, when Carney declared “Canada is not for sale” and Trump quipped “Never say never.” Investors also braced for the Federal Reserve’s impending rate decision, while technology and financial leaders underperformed—RBC, Shopify, TD Bank, Scotiabank and CGI Inc. each slipped between 0.7% and 4.9%, underscoring the market’s sensitivity to tariff uncertainty.

加拿大总理卡尼：这是一场严肃对话的开始。在加拿大总理马克·卡尼和美国总统唐纳德·特朗普举行联合新闻发布会后，加拿大总理卡尼随后举行了自己的新闻发布会，为加拿大和美国之间开始的关于两国贸易地位的讨论增添了一些急需的清晰度。

Canadian PM Carney: This is the point at which a serious conversation begins.Following a joint press conference between Canadian Prime Minister Mark Carney and United States (US) President Donald Trump, Canadian PM Carney followed up with a press conference of his own, adding some much-needed clarity to the discussions that have begun between Canada and the US about trade status between the two countries.