Canadian stocks, with the exception of those from the energy sector, tumbled on Thursday amid rising tensions in the Middle East following attacks on energy infrastructure across the region.
After Israel bombed Iran's South Pars natural gas fields and oil facilities in Asaluyeh, Tehran retaliated by launching an attack on Qatar's Ras Laffan energy complex, causing extensive damage to the facility.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.