Canadian stocks changed a little on Friday as investors the prospects of an end to the gulf crisis amid reports indicating that Iran relaxed its hard stance supported the index. However, supply disruption concerns due to the closure of Hormuz strait restricted the gains.
After a slightly positive start the Canadian market slipped into negative territory Friday morning, and despite coming off lower levels, remained in negative territory a little before noon. The mood in the market remained cautious amid continued uncertainty about fresh round peace talks between the U.S. and Iran.
Canadian stocks are likely to open on a mixed note Friday morning with investors making cautious moves, assessing the situation in the Middle East.
Canadian stocks ended nearly flat on Thursday as Iran's reluctance to engage with the U.S. for negotiations has resulted in twin blockades across the Strait of Hormuz, raising concerns of a protracted war and long-term inflation, prompting traders to avoid risky assets.
Canadian stocks are turning in a mixed performance in cautious trade on Thursday amid lingering concerns about the conflict in the Middle East, and continued uncertainty about fresh talks between U.S. and Iran.
Apollo Global Management, Inc.(APO) said on Thursday that Apollo-managed funds have agreed to buy a 40% stake in Pembina Gas Infrastructure Inc., a Canadian gas processor, from the funds managed by KKR & Co. Inc.(KKR). The transaction is anticipated to be completed by the end of the second quarter...
Canadian stocks may open weak on Thursday, amid growing uncertainty about U.S. and Iran resuming their peace talks anytime soon. Meanwhile, Iran has tightened its grip on the Strait of Hormuz. Seizing two ships trying to exit the Strait on Wednesday, Iran has asked Washington to lift its naval blockade.
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday, as Asian markets traded lower, with traders remaining cautious as the blockade of all maritime traffic entering and exiting Iranian ports and the Strait...
The Australian dollar weakened against other major currencies in the Asian session on Thursday. The Australian dollar fell to more than a 1-month low of 1.6344 against the euro, from yesterday's closing value of 1.6355. Against the U.S. and the Canadian dollars, the aussie slid to 2-day lows...
Canadian stocks advanced on Wednesday after tumbling in the previous session as U.S. President Donald Trump extended the ceasefire in the U.S.-Iran war, which calmed the market. However, the ongoing blockade of Strait of Hormuz capped the gains.
After a firm start and a subsequent good move further up north thanks to U.S. President Donald Trump extending the ceasefire with Iran, the Canadian market pared some gains on Wednesday.
Higher Canadian and U.S. futures and firm commodity prices point to a positive start on Bay Street Wednesday morning. Worries about Middle East tensions may weigh and limit market's upside.
Canadian stocks tumbled on Tuesday as the delay in the scheduled peace talks between the U.S. and Iran triggered escalation concerns as the two-week ceasefire in the ongoing gulf war is set to end tomorrow night.
After a slightly flat start, the Canadian stock market's benchmark S&P/TSX Composite Index slipped into negative territory on Tuesday, weighed down by losses in the materials sector. The mood in the market remained cautious with investors weighing the prospects of another round of peace talks between the U.S. and Iran this week.
Canadian stocks are likely to open on a somewhat subdued note Tuesday morning with investors closely tracking news about potential U.S.-Iran peace talks.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.