The Globe and Mail reports in its Tuesday edition that Canada's main stock index rose Monday to a record high, with shares of technology companies leading broad-based gains as investors focused on upcoming corporate earnings rather than the latest U.S. tariff threats. A Reuters dispatch to The Globe says the S&P/TSX Composite Index ended up 175.60 points at 27,198.85, eclipsing Thursday's record closing high. The European Union accused the U.S. of resisting efforts to strike a trade deal and warned of countermeasures if no agreement is reached by Mr. Trump's Aug. 1 deadline. Investors have accepted that there will be some level of U.S. tariffs but expect the duties will not be as severe as proposed, said Sadiq Adatia at BMO Asset Management. "The market is just going to back to pure fundamentals of what's going on globally and particularly what's going on in the U.S., where the economy is still moving in the right direction," Mr. Adatia said. Wall Street's big banks are set to report on Tuesday, kicking off second-quarter earnings season. Canadian consumer price index data for June are also due on Tuesday, which could guide expectations for the Bank of Canada interest-rate decision at the end of the month.