TSX Rises on Energy and Tech Gains Amid Middle East Tensions
TSX rose Monday as energy and tech shares gained after Middle East peace talks failed. Oil prices jumped following a U.S. blockade of Iranian ports.
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The main stock index in Canada rose on Monday morning as investors weighed the impact of escalating Middle East tensions on energy and technology sectors. The S&P/TSX Composite Index gained 0.22% to reach 33,772.43 points by 10:40 a.m. ET. This market activity followed an announcement from the United States military regarding a maritime blockade of Iran after peace negotiations failed to reach a resolution over the weekend.
