TSX opens higher as Middle East tensions ease on Monday

The S&P/TSX Composite Index rose 0.2% to 34,511.23 points on Monday morning as easing Middle East tensions improved global market sentiment. This opening gain follows a period of heightened regional volatility that had previously pressured Canadian equities. The stabilization allows the resource-heavy index to recover as immediate fears of a broader conflict and energy supply disruptions subside.

The market gains followed a statement from Iran confirming its initial wave of attacks on Israel had concluded. This announcement eased immediate fears of a broader regional escalation.