Canada Stocks Rise by Most Since April on Hope of End to War

Iran Ready to End War But Wants Guarantees, President Says

Canadian stocks notched their biggest gain in nearly a year after reports suggested the US and Iran are looking for a way out of the war.

The S&P/TSX Composite Index rose 2.6% on Tuesday, its biggest one-day increase since April 9, 2025, led by a rally in precious metals producers and technology stocks. Toronto-based miner Americas Gold and Silver Corp. climbed more than 12%.