Canadian stocks inched higher on Monday, adding incrementally to Friday's gains, as investors held away from risky bets to focus on Canada's moves after the collapse of Canada-U.S. trade talks and new tariff threats from U.S. President Donald Trump. In addition, traders dissected the consequences of the massive economic blockade launched by the U.S. against Iran today.
Canadian stocks are turning in a mixed performance on Monday with investors tracking commodity prices and looking ahead to earnings updates from major banks, in addition to following the developments on the geopolitical front.
Canadian equities are poised for mixed trading Monday as investors monitor commodity markets, Middle East developments, and anticipated U.S. sanctions on Iran. Bank earnings reports this week are expected to keep sentiment cautious.
Canadian stocks moved higher on Friday as traders await a breakthrough in the ongoing Canada-U.S. negotiations to avert 50% tariffs on Canadian exports to the U.S. A surge in the materials sector owing to a sharp jump in gold-linked metal stocks supported the market.
The S&P/TSX Composite Index gained 222.22 points Friday amid strong materials sector performance. Gold futures jumped over 2.2% after the US signaled increased Treasury buybacks, supporting copper and silver futures as well. Investors eyed upcoming Canadian bank earnings reports.
Higher Canadian and U.S. index futures and firm precious metals prices point to a positive start on Bay Street Friday morning. U.S.-Iran tensions and U.S.-Canada trade deal uncertainty could weigh and limit market's upside.
Canadian stocks ticked lower on Thursday after closing yesterday's session roughly flat as investors anxiously await the finalization of a Canada-U.S. trade deal to avert 50% U.S. tariffs before the Friday deadline, while the U.S. is set to launch unprecedented fresh economic offensives against Iran.
The Canadian stock market declined Thursday amid escalating U.S.-Iran tensions and data showing acceleration in producer prices. Financials index shed 1.7% while materials and energy gained.
Lower Canadian and U.S. futures and weak gold prices point to a negative start on Bay Street Thursday morning. Rising tensions in the Middle East and continued uncertainty about Iran and the U.S. arriving at a solution to end the conflict anytime soon may weigh on sentiment.
Canadian stocks ended roughly flat on Wednesday, incrementally offsetting the losses from previous three sessions, as investors welcomed the pause on U.S. tariffs on Canadian goods for three days with cautious optimism while gold-linked materials sector skyrocketed following a surge in gold prices, lifting the index.
The Canadian stock market moved higher Wednesday following the Trump administration's decision to temporarily halt new tariffs on Canadian goods. Materials stocks led gains with precious metals advancing, while financial sector shares faced selling pressure.
Canadian markets are expected to open higher Wednesday following the Trump administration's decision to temporarily pause new tariffs on Canadian goods ahead of a potential U.S.-Canada trade deal. U.S.-Iran tensions may limit gains.
Canadian stocks moved lower on Tuesday, extending the two previous sessions of losses as investors avoided risky bets with no headway seen in the Canada-U.S. trade negotiations. Further, expectations of an early U.S.-Iran peace deal diminished after U.S. President Donald Trump ruled out any negotiations with Iran.
The Canadian market looks headed for another weak close with stocks from materials, technology and financial sectors reeling under sustained selling pressure on Tuesday Higher bond yields and concerns about escalating tensions between Iran and the U.S., and worries about a new round of US tariffs on Canadian goods weigh on sentiment.
Bay Street looks headed for a weak start on Tuesday amid rising tensions in the Middle East and fading hopes of U.S. and Iran arriving at a lasting peace deal anytime soon.
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.