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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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.