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Canadian Stocks Slide Amid Cancellation Of U.S.-Iran Talks, Fierce Lebanon-Hezbollah Strikes

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Canadian stocks inched lower on Friday as investors weighed the U.S.-Iran Memorandum of Understanding signed on Wednesday against the sudden cancellation of today's planned first round of U.S.-Iran talks in Switzerland amid fresh Israel-Hezbollah attacks.

After opening below yesterday's close, today the benchmark S&P/TSX Composite Index gathered momentum initially but soon turned lower. Then, despite gaining ground, it remained volatile throughout the session before settling at 34,857.34, down by 111.92 points (or 0.32%).

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.