(Stock image generated with AI.)

Canada’s top stock index slid hard on Friday after US–Iran talks meant to ease tensions in the Middle East were abandoned. This added fresh uncertainty at the close of a volatile week that had seen the TSX hit a new high. Earlier in the week, hopes for a peace agreement—and for the gradual reopening of Iran’s Strait of Hormuz, a crucial route for global energy supplies—had bolstered investor risk appetite.

US markets were closed for Juneteenth.

TSX34,857.34-14.68TSX
TSXV954.71-8.18TSXV
CSE173.36-1.23CSE
DJIA51,492.5500.00DJIA
NASDAQ26,021.6600.00NASDAQ
S&P 5007,420.1000.00S&P 500

The Canadian dollar traded for 70.55 cents US compared to 70.71 cents US on Thursday.

US crude futures traded $0.76 higher at US$76.61 a barrel, and the Brent contract rose $0.76 to US$80.61 a barrel.

The price of gold was down US$69.55 to US$4,156.76.

In world markets, the Nikkei was up 196.57 points to ¥71,250.06, the Hang Seng remained HK$23,924.81, the FTSE was down 36.43 points to ₤10,363.27, and the DAX was down 40.98 points to €24,985.82.


More From The Market Online

Naughty Ventures primed for nice results from maiden lithium exploration

Naughty Ventures (CSE:BAD) kicked off the maiden exploration program at its 7,207-hectare Green Lightning lithium project in Quebec.
Markets fall as SpaceX drops 18% from highs. TSX and Dow slip, gold declines, oil firms, and the dollar strengthens across currencies.

Market Open: SpaceX Volatility Hits, TSX and Dow Pull Back Amid Strong Dollar | June 19th

Markets fall as SpaceX drops 18% from highs. TSX and Dow slip, gold declines, oil firms, and the dollar strengthens across currencies.

Multi-bagger junior miner secures strategic investment

Junior miner AIS Resources (TSXV:AIS) will undertake a C$644,000 capital raise, including participation from Phillip Richards of RAB Capital.