The TSX closed at a third consecutive record Tuesday even as the Dow, S&P 500, and Nasdaq all fell the same session on fading hope for a near-term Strait of Hormuz resolution. Air Canada led the index after Scotiabank raised its price target, and Brookfield Asset Management rose on fee revenue growth, both moves unrelated to oil. Energy and industrial stocks also gained as crude firmed, giving the TSX a sector mix that benefits when Middle East oil uncertainty persists rather than resolves, unlike the more tech-heavy US benchmarks.
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