Canadian Stocks Rise on Strong PMI Reading (TSX: S&P CNX)

Canadian equities climbed on February 4, 2026, as the manufacturing Purchasing Managers' Index (PMI) showed expansion at 49.7, above the 48.5 median, indicating continued economic resilience. The TSX Composite rose 32.49 points, or 0.69%, to 4,735.01, with materials and industrials leading gains. The PMI reading supports expectations of accommodative monetary policy and helps reinforce investor confidence in the broader Canadian economy.