• TSX ends up 0.5% at 28,751.36
• Surpasses Tuesday's record closing high
• Technology advances 1.4%
• Alimentation Couche-Tard rises after earnings beat

Sept 3 (Reuters) - Canada's main stock index rose to another record high on Wednesday, as technology and metal mining shares notched gains ahead of employment data this week that could offer clues on the prospect of a Bank of Canada interest rate cut.

The S&P/TSX composite index (.GSPTSE) , opens new tab ended up 135.74 points, or 0.5%, at 28,751.36, surpassing Tuesday's record closing high.

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Both Canada and the U.S. are due to release employment reports for August on Friday. Economists forecast that Canada's economy added 10,000 jobs and the unemployment rate edged up to 7% from 6.9%.

"It is probably the biggest jobs number we've seen in recent times coming out of both sides of the border," said Allan Small, senior investment advisor of the Allan Small Financial Group with iA Private Wealth. "I think a bad number in Canada solidifies a cut here."

Investors see a roughly 60% chance the BoC lowers interest rates on September 17 for the first time since March. The benchmark rate is at 2.75%.

"Gold reaching all-time highs, that's what's carrying the TSX right now," Small said.

The materials group (.GSPTTMT) , opens new tab, which includes metal mining shares, added 0.8% as the price of gold climbed to another all-time peak.

Teck Resources (TECKb.TO) , opens new tab announced that it has undertaken a company-wide operations review and would defer approving major growth projects until its Quebrada Blanca copper mine in Chile achieves steady operations and target output. Shares of Teck ended 0.7% higher.

Technology (.SPTTTK) , opens new tab was up 1.4% and consumer staples (.GSPTTCS) , opens new tab added 2%.

Alimentation Couche-Tard (ATD.TO) , opens new tab climbed 6.3% after its quarterly adjusted earnings beat estimates.

Energy (.SPTTEN) , opens new tab was a drag, falling 1.7%. The price of oil settled 2.5% lower at $63.97 a barrel ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October.

https://www.reuters.com/markets/europe/tsx-extends-record-setting-run-led-by-tech-metal-mining-shares-2025-09-03/