Canada’s main stock index moved higher on Thursday, supported by rising gold prices, though ongoing geopolitical tensions continued to weigh on overall investor sentiment.
For a second consecutive day, the US and Iran exchanged airstrikes, with President Donald Trump warning of additional attacks tonight unless Tehran promptly agrees to a peace agreement … and then said no attack will happen.
Meanwhile, US stock markets edged up as semiconductor shares recovered from recent declines and oil prices softened, even after new US strikes on Iran overnight.
The rebound in chip stocks was partly driven by growing anticipation ahead of SpaceX’s debut on Friday, an event expected to underscore continued expansion in AI-related infrastructure.
| TSX | 34,671.46 | +520.14 |  |
| TSXV | 946.57 | +34.40 | |
| CSE | 175.85 | +1.45 | |
| DJIA | 50,848.75 | +929.97 | |
| NASDAQ | 25,809.66 | +640.16 | |
| S&P 500 | 7,394.30 | +127.31 | |
The Canadian dollar traded for 71.55 cents US compared to 71.70 cents US on Wednesday.
US crude futures traded US$3.27 lower at US$86.76 a barrel, and the Brent contract lost US$3.47 to US$89.63 a barrel.
The price of gold was up US$41.75 to US$4,152.00.
In world markets, the Nikkei was up 38.00 points to ¥64,217.27, the Hang Seng was down 158.67 points to HK$24,249.29, the FTSE was up 53.39 points to ₤10,308.20, and the DAX was up 14.40 points to €24,209.71.
