TSX opens higher as Iran peace proposal lifts sentiment
Canada's main stock index rose Tuesday as Iran peace hopes lifted sentiment. The S&P/TSX composite index gained 0.1% to 33,878.62 points as tensions eased.
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Canada stocks rose 0.1% on May 19 as easing geopolitical tensions between the United States and Iran boosted investor sentiment. The S&P/TSX composite index reached 33,878.62 points during the morning session. The United States paused a planned attack following a peace proposal from Tehran.
### Peace Proposal Lifts Market Sentiment The shift fueled investor expectations that both nations may be close to a formal deal. The Toronto Stock Exchange responded with immediate gains as nerves steadied across the trading floor.
