The S&P/TSX Composite climbed around 0.3% to above the 27,480 mark on Tuesday, testing new record highs as robust gains in both tech and commodities drove the advance. Leading the charge, Celestica surged over 16% on stronger-than-expected Q2 results, while heavyweight peers Shopify and Constellation Software added about 1%. In energy, renewed Middle East supply concerns and tighter OPEC+ quotas lifted oil prices, underpinning producers across the sector, and gold miners caught a bid after bullion steadied near a three-week low amid hints that easing trade tensions could support demand. Meanwhile, Sunday’s US–EU framework agreement - setting a 15% baseline tariff - helped allay fears of broader tariff escalation and provided a bump to export-exposed industries such as railway operators. Looking ahead, investors are bracing for key central bank decisions from the Bank of Canada and the US Federal Reserve, along with a slate of heavyweight earnings later this week.