TSX rises to a seven-month high, led by banks and energy stocks

Canada's main stock index rose to a seven-month high on Tuesday, led by the financials and energy groups as oil rallied and Wall Street stocks moved higher. The rally for financials comes as banks were among the biggest gainers on Wall Street amid speculation on the possibility of a June interest rate hike from the U.S. Federal Reserve. Royal Bank of Canada rose 1.1 percent to C$78.74, and Bank of Nova Scotia advanced 1.7 percent to C$64.18, while the overall financials group was up 1.4 percent.