TSX Rises to Two-Week High on US-Iran Talk Hopes

Canadas main stock index reached a two-week high as investors weighed potential US-Iran talks at the UN meeting. Technology shares led the broader market gains while oil prices declined.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's main stock index rose 0.6% to 36,242.73 points during Tuesday morning trade, hitting a two-week high. The rally came as investors weighed potential diplomatic talks between the United States and Iran aimed at ending the Middle East conflict. The S&P/TSX Composite Index reached its highest level since September 8, with eight of its ten main sectors advancing.

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