After advancing to a new all-time high, the Canadian benchmark S&P/TSX Composite Index eased a bit on Tuesday, but remained in positive territory, supported by gains in materials and financials sectors.
Energy stocks fell, weighed down by weak oil prices. Consumer discretionary and technology stocks were the other notable losers.
Optimism surrounding a U.S.-Iran peace deal continues to aid sentiment. Meanwhile, investors looked ahead to the Federal Reserve's monetary policy announcement on Wednesday.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.