After opening marginally up and moving further ahead, Canadian stocks slipped into negative territory on Tuesday, dragged down by losses in energy, materials and technology sectors.
The market opened on a positive note amid signs of de-escalation in Middle East tensions following Israel and Iran halting hostilities.
In addition to following the developments on the geopolitical front, investors are looking ahead to the Bank of Canada's interest rate decision due on Wednesday.
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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.