Canada's primary stock index, the S&P/TSX Composite, inched up by 4.23 points to 25,151.26 due to gains in the telecom sector, as per The Canadian Press. In the U.S., the Nasdaq Composite fell by 1.2 percent, influenced by Nvidia's pre-earnings report decline, according to The Canadian Press. Duench noted that recent economic data has exceeded expectations, yet the impending U.S. tariffs pose a significant concern as the month-long pause concludes on March 4. Investor attention will shift to the forthcoming earnings reports from Canada's major banks starting on February 25, 2025, as indicated by Duench.