Technology, materials and real estate stocks are showing weakness on Bay Street, where the mood remains cautious Wednesday morning amid persisting concerns about the impact of the conflict in the Middle East.
Energy stocks are in demand as oil prices moved higher due to an escalation in tensions in the Gulf region.
The benchmark S&P/TSX Composite Index is down 203.48 points or 0.61% at 33,067.17 about a quarter before noon.
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Business News
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.