The TSX Composite closed up 1.17% Tuesday, rebounding from Monday's 0.86% drop, the index's first close below 35,000 in eight sessions. The swings tracked headlines out of the Iran conflict, with Tuesday's gain following a mediator-floated 10-day ceasefire proposal and gold-linked miners leading the advance. Behavioural research on loss aversion holds that investors weigh losses more heavily than equivalent gains, which is why those who reacted to Monday's selloff were the ones most likely to miss Tuesday's recovery.
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