TSX Rises as Banks and Energy Stocks Advance
The S&P/TSX Composite Index rose 0.9% to close at 35,984 on Tuesday as Canadian bond yields stabilized. The pause in the recent rally that had pushed yields to multi-year highs supported credit-sensitive sectors such as banking. RBC rose 1.3%, TD Bank gained 2.2%, BMO advanced 1.3%, and Scotiabank and CIBC added 1.8% e