The Globe and Mail reports in its Tuesday edition that stocks closed higher on Monday ahead of a packed week of earnings from megacap companies and the final stretch before the Nov. 5 U.S. presidential election. A Reuters dispatch to The Globe says that in addition, overall investor sentiment improved after energy supplies were not disrupted by weekend developments in the Middle East. Israel's response over the weekend to an Iranian missile attack earlier this month focused, so far, on missile factories and other sites near Tehran, rather than on refineries or nuclear targets. The Brent crude price fell by more than 5 per cent on Monday. Wall Street was mostly focused, however, on the week ahead, notably corporate results, with around 170 S&P 500 companies scheduled to report through the week. Alphabet, Meta Platforms and Apple rose ahead of results this week. Amazon and Microsoft also report earnings this week. The S&P/TSX Composite Index ended the day up 88.96 points at 24,552.63, almost recouping losses of the past two trading sessions, despite energy's declines. The advance was primarily led by health care, financials and consumer goods, each of which were either above or just around 1 per cent higher.
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