Canada\u2019s stock market is moving cautiously. Investors are watching global tensions closely. The main trigger right now is the possible US Iran peace talks.<\/p>\n
The S&P TSX composite index is up just 0.2 percent. It remains mostly flat during the session. The S&P TSX 60 index is also unchanged.<\/p>\n
On Tuesday, the TSX closed at 34,102.36. It gained 0.7 percent. This was its highest level since March 2. Gains in financial stocks helped offset weakness in energy shares.<\/p>\n
Financial stocks are supporting the market. Strong US bank earnings are boosting sentiment. Investors are seeing stability in the banking sector.<\/p>\n
Energy stocks are under pressure. Oil prices are still below the 100 USD mark. This is limiting gains in the broader index.<\/p>\n
The mixed sector performance is keeping the TSX range bound. Investors are waiting for clearer signals before taking big positions.<\/p>\n
US markets are showing mixed trends. The Dow Jones is down by 236 points. This is a fall of 0.5 percent.<\/p>\n
The S&P 500 is up by 0.4 percent. The Nasdaq is leading with a 1 percent gain. Tech stocks continue to show strength.<\/p>\n
The Nasdaq has gained 14 percent over the last 10 sessions. This is its longest winning streak since 2021. The S&P 500 is also near record highs.<\/p>\n
Strong earnings from US banks are supporting the market. Data shows consumers are still spending. This is helping the economy stay stable despite global tensions.<\/p>\n
Oil prices remain below the key 100 USD level. This is happening even as supply concerns remain. The Strait of Hormuz is still a major risk point.<\/p>\n
US President Donald Trump has said the Iran conflict may end soon. Talks for a ceasefire are expected to resume within 2 days. A temporary ceasefire is already in place till April 21.<\/p>\n
Gold prices are falling slightly. Spot gold is down 1 percent at 4,795.63 USD. Gold futures are also down 0.7 percent.<\/p>\n
Despite this, gold is still up around 1.6 percent over the past week. Earlier, rising oil prices had pushed inflation fears higher. This reduced gold\u2019s appeal.<\/p>\n
The US dollar is slightly stronger. This is also putting pressure on gold prices.<\/p>\n","protected":false},"excerpt":{"rendered":"
Canada\u2019s stock market is moving cautiously. Investors are watching global tensions closely. The main trigger right now is the possible\u2026<\/p>\n","protected":false},"author":294,"featured_media":116773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22330],"tags":[23247,22769],"class_list":["post-116772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canada-markets","tag-canada-stock-market","tag-tsx"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/116772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=116772"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/116772\/revisions"}],"predecessor-version":[{"id":116774,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/116772\/revisions\/116774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/116773"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=116772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=116772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=116772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}