Canadian stocks posted marginal gains on Monday as investors assessed U.S. President Donald Trump's reassurance on U.S.-Iran peace talks along with reports of Iran's preparations for a prolonged war with Israel.
Despite paring some early gains, the Canadian market remains firmly up in positive territory a little past noon on Monday thanks to strong gains in energy, materials and technology sectors. The mood in the market is positive amid hopes of a potential de-escalation in the wider U.S.-Iran war after Iran said its first wave of attacks on Israel had ended.
Canadian shares are likely to turn in a mixed performance on Monday with investors following Middle East news and reacting to the trend in the commodities markets. Iran-Israel strikes could weigh on sentiment and limit market's upside.
Reversing the gains from yesterday's session, Canadian stocks plunged on Friday amid expectations of tighter monetary policy for an extended period following jobs data releases in Canada and the U.S. In addition, traders resorted to profit taking from yesterday's surge.
Canadian stocks tumbled on Friday as stronger-than-expected Canadian and U.S. jobs data raised concerns the Bank of Canada and the Federal Reserve will hold interest rates at elevated levels for a longer duration.
Canadian stocks are likely to open with a negative bias on Friday amid concerns over rising tensions in the Middle East, and on reports Hezbollah has rejected a new ceasefire agreement with Israel. Investors will also be reacting to Canadian and U.S. jobs data for the month of May.
Reversing the slump from yesterday's session, Canadian stocks soared on Thursday amid rising expectations of de-escalation in the Middle East after Israel and Lebanon agreed to renew the ceasefire. Separately, the U.S. and Iran confirmed the continuation of peace talks to resolve hostilities.
The Canadian stock market's benchmark S&P/TSX Composite Index climbed to a new record high Thursday morning, rebounding strongly from previous session's setback. The mood in several markets across the globe turned a bit positive following Israel and Lebanon agreeing to renew their fragile ceasefire after days of intensified attacks in southern Lebanon.
Canadian stocks are likely to open on a mixed note Thursday morning with investors focusing geopolitical news. While news about Lebanon and Israel agreeing to implement ceasefire is likely to aid sentiment, concerns about the ongoing tensions in the Middle East due to strikes by U.S. and Iranian forces could hurt, forcing investors to stay cautious.
Canadian stocks slumped on Wednesday, partially offsetting the gains from yesterday's session after new attacks in the Middle East stalled the signing of a U.S.-Iran peace agreement, delaying the reopening of the Strait of Hormuz.
The Canadian market is down firmly in negative territory on Wednesday, weighed down by concerns about tensions in the Middle East, and largely contrasting reports about peace talks between the U.S. and Iran.
Canadian stocks are likely to open on a somewhat subdued note on Wednesday amid concerns about rising tensions in the Middle East.
Reversing the losses from yesterday's session, Canadian stocks on Tuesday surged to a new intra-day record high as investors welcomed U.S. President Donald Trump's assurances on ongoing uninterrupted negotiations between the U.S. and Iran.
After opening slightly down, the Canadian market climbed higher on Tuesday and the benchmark S&P/TSX Composite Index hit a new all-time high, lifted by strong gains in energy, financials and materials sectors.
Canadian stocks are likely to open on a mixed note on Tuesday with investors assessing the latest developments on the geopolitical front and tracking the trend in commodity markets.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.