S&P/TSX composite up almost 300 points, U.S. stock markets also post gains

TORONTO — Canada’s main stock index rose almost 300 points Tuesday on strength in energy, financials and base metals, while U.S. stock markets also climbed. Stocks rose to recover their losses from Monday in the absence of any major market-moving news, said Ryan Crowther, portfolio manager at ClearBridge Investments. "After the magnitude of yesterday's sell-off, there was some room for a recovery," he said, noting that some of the major tech names saw a bounce. In a speech Tuesday, U.S. Treasury Secretary Scott Bessent said he expects a “de-escalation” in the trade war between the country and China, according to…