Canadian stocks ended nearly flat on Thursday as Iran's reluctance to engage with the U.S. for negotiations has resulted in twin blockades across the Strait of Hormuz, raising concerns of a protracted war and long-term inflation, prompting traders to avoid risky assets.
Canadian stocks are turning in a mixed performance in cautious trade on Thursday amid lingering concerns about the conflict in the Middle East, and continued uncertainty about fresh talks between U.S. and Iran.
Apollo Global Management, Inc.(APO) said on Thursday that Apollo-managed funds have agreed to buy a 40% stake in Pembina Gas Infrastructure Inc., a Canadian gas processor, from the funds managed by KKR & Co. Inc.(KKR). The transaction is anticipated to be completed by the end of the second quarter...
Canadian stocks may open weak on Thursday, amid growing uncertainty about U.S. and Iran resuming their peace talks anytime soon. Meanwhile, Iran has tightened its grip on the Strait of Hormuz. Seizing two ships trying to exit the Strait on Wednesday, Iran has asked Washington to lift its naval blockade.
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday, as Asian markets traded lower, with traders remaining cautious as the blockade of all maritime traffic entering and exiting Iranian ports and the Strait...
The Australian dollar weakened against other major currencies in the Asian session on Thursday. The Australian dollar fell to more than a 1-month low of 1.6344 against the euro, from yesterday's closing value of 1.6355. Against the U.S. and the Canadian dollars, the aussie slid to 2-day lows...
Canadian stocks advanced on Wednesday after tumbling in the previous session as U.S. President Donald Trump extended the ceasefire in the U.S.-Iran war, which calmed the market. However, the ongoing blockade of Strait of Hormuz capped the gains.
After a firm start and a subsequent good move further up north thanks to U.S. President Donald Trump extending the ceasefire with Iran, the Canadian market pared some gains on Wednesday.
Higher Canadian and U.S. futures and firm commodity prices point to a positive start on Bay Street Wednesday morning. Worries about Middle East tensions may weigh and limit market's upside.
Canadian stocks tumbled on Tuesday as the delay in the scheduled peace talks between the U.S. and Iran triggered escalation concerns as the two-week ceasefire in the ongoing gulf war is set to end tomorrow night.
After a slightly flat start, the Canadian stock market's benchmark S&P/TSX Composite Index slipped into negative territory on Tuesday, weighed down by losses in the materials sector. The mood in the market remained cautious with investors weighing the prospects of another round of peace talks between the U.S. and Iran this week.
Canadian stocks are likely to open on a somewhat subdued note Tuesday morning with investors closely tracking news about potential U.S.-Iran peace talks.
Eupraxia Pharmaceuticals Inc. (EPRX) on Tuesday reported positive 36-week data from the highest dose cohort in its ongoing Phase 1b/2a RESOLVE trial evaluating EP-104GI for eosinophilic esophagitis. In the highest dose cohort, EoEHSS Stage and Grade scores were reduced by 0.59 and 0.53, representing...
AtkinsRéalis Group Inc. (ATRL.TO), a provider of engineering services, on Tuesday said it has signed a scheme implementation deed to acquire Wallbridge Gilbert Aztec or WGA, an engineering and project management consultancy based in Australia and New Zealand. The financial details of the deal were not...
German stocks climbed higher Tuesday morning amid some hopes of resumption of peace talks between U.S. and Iranian officials in Pakistan and likely reopening of the Strait of Hormuz.
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.