Canadian Stocks Soar As Trump Assures Of Ongoing U.S.-Iran Talks

India, June 2 -- Reversing the losses from yesterday's session, Canadian stocks on Tuesday surged to a new intra-day record high as investors welcomed U.S. President Donald Trump's assurances on ongoing uninterrupted negotiations between the U.S. and Iran.

After opening just a little lower than yesterday's close, today the benchmark S&P/TSX Composite Index gained momentum early in the session to trade firmly positive to reach a new intra-day record high of 35,176.77 before settling a little lower at 35,169.46, up by 434.57 points (or 1.25%).

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