TSX reaches near six-week high led by tech and financials

The TSX rose 0.5% to a near six-week high on Monday led by tech and financial gains. Investors remain hopeful for a peace deal despite new regional tensions.

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The main stock index in Canada reached a near six-week high on Monday, supported by significant gains in the financial and technology sectors. The S&P/TSX Composite Index concluded the session up 183.48 points, or 0.5%, at 33,879.24. This performance reflects investor confidence in a potential diplomatic resolution between the United States and Iran, despite the recent breakdown of peace negotiations.

The historic Art Deco exterior of the former Toronto Stock Exchange building located on Bay Street in Toronto, Ontario, Canada, as captured in a file photo. REUTERS/Chris Helgren/File Photo
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