Lower Canadian and U.S. futures amid escalating tensions in the Middle East point to a weak opening for Canadian stocks on Thursday.The U.S. military shot down four Iranian drones and struck a control center in the southern port city of Bandar Abbas to prevent a fifth drone launch, stoking fears of further disruptions to commercial shipping through the crucial waterway.Iran's Islamic Revolutionary...
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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.