The S&P/TSX Composite Index rose 0.4% to close at 34,291 on Tuesday, supported by gains in energy and banking stocks. Oil prices advanced after renewed disagreements between Iran and the US over a proposed peace framework revived supply concerns. Canadian Natural climbed 4.1%, while Imperial Oil gained 2.6% and Cenovus Energy added 3.2%. Banks also traded higher, with Royal Bank of Canada up 1.0% and TD Bank gaining 0.8%, offsetting declines in BMO (-0.2%) and Brookfield (-0.5%). BMO also agreed to sell its transportation and vendor finance businesses to Stonepeak. Meanwhile, gold prices weakened as a stronger US dollar clouded the outlook for US interest rates. Barrick fell 2.4%, while Wheaton Precious Metals lost 0.5%. Elsewhere, Chemtrade Logistics dropped 9.8% after weak quarterly results, while Organigram plunged 14.4% on weaker net revenue. Constellation Software (0.4%) and Franco-Nevada (-0.2%) are set to release Q1 2026 earnings after the close.