India, June 2 -- After opening slightly down, the Canadian market climbed higher on Tuesday and the benchmark S&P/TSX Composite Index hit a new all-time high, lifted by strong gains in energy, financials and materials sectors.
Despite continued uncertainty about the situation in the Middle East, the mood in the market remained fairly positive. Iran is reviewing a US-backed proposal aimed at ending the conflict between the two countries, with diplomatic efforts continuing amid a prolonged deadlock, according to Iranian news agency Mehr.
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