India, June 4 -- Reversing the slump from yesterday's session, Canadian stocks soared on Thursday amid rising expectations of de-escalation in the Middle East after Israel and Lebanon agreed to renew the ceasefire. Separately, the U.S. and Iran confirmed the continuation of peace talks to resolve hostilities.
After opening above yesterday's close, today the benchmark S&P/TSX Composite Index gained momentum and traded firmly positive to reach a new record intraday high of 35,291.13 before settling at 35,217.06, up by 415.52 points (or 1.19%).
Nine of the 11 sectors posted gains today, with the healthcare sector leading the pack.
Today, the U.S.-Israel versus Iran war entered day number 97.
Yesterday, in a significant development related ...