Canadian stocks are turning in a mixed performance in cautious trade on Friday following the cancellation of the U.S.-Iran talks scheduled to take place in Switzerland.
Concerns about possible rate hikes following the Federal Reserve's hawkish tone on Wednesday contribute as well to the cautious mood in the market.
The benchmark S&P/TSX Composite Index was flat at 34,968.99 a little while ago. The index touched a low of 34,873.77 and a high of 35,005.96.
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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.