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.
Canadian employment data for the month of May is due at 8:30 AM ET.
Canada's employment edged down by 18,000 in April, following a gain of 14,000 in the prior month. The unemployment rate in the country increased to 6.9% in April from 6.7% a month earlier.
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Market Analysis
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.