TSX rises 0.9 percent as peace talks ease inflation fears

The S&P/TSX index rose 0.9 percent as Middle East peace talks eased inflation fears. Mining stocks led gains while the market awaited Nvidia quarterly results.

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The S&P/TSX Composite Index rose 0.9% to 34,067.18 points on Wednesday as easing geopolitical tensions cooled global inflation fears. The gain follows two sessions of pressure driven by a bond market selloff. Investors are now pivoting focus toward high-stakes semiconductor earnings to gauge the durability of the artificial intelligence boom.

### De-escalation Hopes Lift Mining and Bonds Optimism regarding peace negotiations between the United States and Iran supported a broad market recovery during the morning. Mining stocks led the advance in Canada with a 1.6% gain, as Gold prices climbed. This move followed a retreat in Treasury yields after U.S. officials suggested a quick resolution to Middle East conflicts.

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