The record close was carried almost entirely by financials and materials as bank earnings season opened strong, with Scotiabank posting a record quarter and BMO delivering 22% earnings growth. Energy stocks moved the opposite direction the same session as WTI crude fell for a third straight day on easing Iran sanctions and Hormuz shipping-corridor diplomacy. Energy represents roughly 12% of the index by weight, so Tuesday's record reflects a composition effect rather than a broad-based rally.
This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.
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