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Market Impact: 0.75

Canadian Market Up Sharply; Materials, Technology Stocks Among Major Gainers

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The S&P/TSX Composite Index rose sharply on Tuesday as broad-based, hectic buying pushed stocks higher across several sectors. The rally was driven by reports that U.S. President Donald Trump is considering ending the U.S. military campaign against Iran, prompting risk-on flows and a market-wide uplift.

Analysis

The S&P/TSX Composite Index rose sharply on Tuesday as broad-based, hectic buying pushed stocks higher across several sectors. The rally was driven by reports that U.S. President Donald Trump is considering ending the U.S. military campaign against Iran, prompting risk-on flows and a market-wide uplift.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.60