TSX rises 1.1 percent on US-Iran peace deal optimism
Canada's main stock index rose on Wednesday as mining shares gained. Investors grew optimistic over reports of a potential peace deal between the U.S. and Iran.
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Canada's main stock index rose 1.1% to 33,938.48 points on May 6. Mining shares led the advance as geopolitical tensions eased. A potential end to the conflict between the United States and Iran reduces global risk premiums for commodity investors.
