The Globe and Mail reports in its Tuesday edition that U.S. stocks closed higher on Monday as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected. A Reuters dispatch to The Globe says Canadian equities also rose, though gains were held back by the energy sector. Crude prices settled down more than 1 per cent on hopes a truce was on the horizon between Israel and Iran after days of missile strikes, as Iran called on U.S. President Donald Trump to force a ceasefire in the four-day-old aerial war. Oil prices had surged more than 7 per cent after Israel began bombing Iran. Tehran has asked Qatar, Saudi Arabia and Oman to press Mr. Trump to use his influence with Israel to agree to an immediate ceasefire, in return for Iran's flexibility in nuclear negotiations. The Dow rose 317.30 points, the S&P 500 gained 56.14 points and Nasdaq gained 294.39 points to 19,701.21. The S&P/TSX Composite Index ended at 26,568.61, up 64.26 points after earlier reaching a record intraday high. Energy stocks fell 0.6 per cent, but the technology sector had a strong session, rising 1.3 per cent. Investors are also awaiting the U.S. Federal Reserve's monetary policy decision on Wednesday.