The S&P/TSX Composite Index edged above 37,000 on Wednesday and was on track for another record high as investors assessed stronger-than-expected bank earnings. BMO rose 0.3% and Scotiabank gained 2% after reporting quarterly results above estimates on Tuesday, while RBC, TD Bank and CIBC were scheduled to report on Thursday. National Bank fell nearly 5% despite exceeding third-quarter profit expectations. Energy stocks advanced even as oil prices declined amid renewed talks between Iran and Oman, while mining shares mostly fell after U.S. PCE data exceeded forecasts, increasing expectations for a Federal Reserve rate hike.