*

TSX ends up 0.7% at 27,198.85

*

Eclipses Thursday's record closing high

*

Thomson Reuters ( TMSOF ) jumps 7.7%

*

Technology sector adds 1.9%

(Updates at market close)

By Fergal Smith

July 14 (Reuters) - Canada's main stock index rose on

Monday to a record high, with shares of Thomson Reuters ( TMSOF ) and

technology companies leading broad-based gains as investors

focused on upcoming corporate earnings rather than the latest

U.S. tariff threats.

The S&P/TSX composite index .GSPTSE ended up 175.60 points,

or 0.7%, 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 to avoid the punishing tariffs President

Donald Trump has threatened to impose starting August 1.

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, chief investment officer, 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,"

Adatia said. "Employment seems to be okay, we're getting into

earnings season with a lot of optimism potentially popping

through and there's still probability-wise rate cuts that are

expected to happen soon."

Wall Street's banking heavyweights are set to report on

Tuesday, kicking off second-quarter earnings season.

Canadian consumer price index data for June is also due on

Tuesday, which could guide expectations for the Bank of Canada

interest rate decision at the end of the month.

Shares of Thomson Reuters Corp ( TMSOF ) jumped 7.7% to hit a

record high, with analysts pointing to potential inclusion of

the company in the Nasdaq 100 index.

The industrials sector was up 0.9% and technology

added 1.9%, helped by a gain of 4.3% for e-commerce

company Shopify Inc. ( SHOP )

Consumer staples rose 0.7% and real estate

ended 0.8% higher.

Of 10 major sectors only energy ended lower. It lost 0.2% as

the price of oil fell 2.3% to $66.91 a barrel.