The S&P/TSX Composite Index fell 1.2% to close at 35,826 on Tuesday as rising global bond yields and renewed Middle East hostilities prompted markets to reassess central-bank rate-hike expectations. Canada’s 10-year yield reached a near two-week high, weighing on financial stocks and gold prices and pressuring miners, while energy producers advanced on higher oil. TD Bank and BMO each fell 0.9%, National Bank lost 1.5%, Agnico Eagle dropped 4.4%, Barrick and WPM declined 3.6%, and Franco-Nevada shed 2.7%. Technology stocks extended losses amid Wall Street weakness and soaring AI-related corporate debt issuance, with Shopify down 4.7%, Constellation Software off 2.8% and Celestica down 2.1%. Canadian Natural rose 3.7%, Suncor and Cenovus each gained 3.5%, and Imperial Oil added 3%. The Bank of Canada is expected to leave rates unchanged on Wednesday. The move followed Monday’s 0.8% slide to a close of 36,270, even as the index still rose 1.3% in August for a fifth straight monthly gain.