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flag Canada’s stock market rose after U.S. signals of Middle East progress eased inflation fears.

flag Canada’s S&P/TSX Composite rose 0.3% to 33,189.32 on Monday, recovering from an early 2.2% drop as U.S. President Trump signaled progress in the Middle East conflict, easing fears of prolonged war and inflation. flag Tech stocks led gains, rising 2.4%, while oil prices initially surged past $100 a barrel before falling 6% to $85.45 amid speculation the U.S. may ease sanctions on Russia. flag Markets rebounded after earlier turmoil driven by Iran’s appointment of Mojtaba Khamenei and attacks on oil infrastructure, though analysts warn sustained high energy costs could threaten growth.

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