Canada’s main stock index rallied to a new high on Monday, even as tech stocks slipped. Global markets were rattled by concerns that the conflict in the Middle East could stretch on for weeks, overshadowing gains in the energy sector. During his first official visit to New Delhi, Prime Minister Mark Carney said Canada and India plan to finalize a free‑trade agreement before the end of the year. Both countries also announced a C$2.6‑billion uranium supply deal, under which Cameco will provide fuel to support India’s nuclear energy plans and strengthen its clean, reliable power capacity.
In the US, markets were split after American and Israeli forces carried out strikes on Iran over the weekend, sending oil prices sharply higher and adding Middle East instability to investors’ growing list of concerns. The coordinated attacks killed Supreme Leader Ayatollah Ali Khamenei, a pivotal moment for the Islamic Republic and one of its most significant events since 1979. Iranian authorities vowed a strong response, heightening fears of broader regional escalation as explosions were reported in cities including Dubai and Abu Dhabi.
| TSX | 34,541.27 | +201.28 |  |
| TSXV | 1,117.60 | +10.00 | |
| CSE | 178.01 | +3.46 | |
| DJIA | 48,904.78 | -73.14 |  |
| NASDAQ | 22,748.86 | +80.65 | |
| S&P 500 | 6,881.62 | +2.74 | |
The Canadian dollar traded for 73.15 cents US compared to 73.34 cents US on Friday.
US crude futures traded US$4.46 higher at US$71.48 a barrel, and the Brent contract rose US$5.45 to US$78.32 a barrel.
The price of gold was up US$51.06 to US$5,329.26.
In world markets, the Nikkei was down 793.03 points to ¥58,057.24, the Hang Seng was down 570.69 points to HK$26,059.85, the FTSE was down 130.44 points to ₤10,780.11, and the DAX was down 611.86 points to €24,638.00.
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