Canada’s main stock index lit up on Wednesday, supported by easing inflation concerns as progress in US–Iran peace discussions boosted sentiment. Meanwhile, investors remained focused on the upcoming release of Nvidia’s (NASDAQ:NVDA) first-quarter earnings after the close, widely viewed as an important indicator of demand for artificial intelligence.
US President Donald Trump said on Tuesday that he hoped the conflict in the Middle East could end “very quickly,” while Vice President JD Vance claimed there were positive developments in ongoing peace negotiations. US equities moved higher on Wednesday as oil prices and Treasury yields declined, reflecting growing investor optimism that the regional tensions may soon be resolved.
| TSX | 34,161.82 | +420.58 |  |
| TSXV | 979.68 | +22.43 | |
| CSE | 173.77 | +3.78 | |
| DJIA | 50,009.35 | +645.47 | |
| NASDAQ | 26,270.36 | +399.65 | |
| S&P 500 | 7,432.97 | +79.36 | |
The Canadian dollar traded for 72.76 cents US compared to 72.72 cents US on Tuesday.
US crude futures traded US$6.45 lower at US$97.70 a barrel, and the Brent contract lost US$6.68 to US$104.60 a barrel.
The price of gold was up US$39.17 to US$4,547.06.
In world markets, the Nikkei was down 746.18 points to ¥59,804.41, the Hang Seng was down 146.73 points to HK$25,651.12, the FTSE was up 101.79 points to ₤10,432.34, and the DAX was up 336.59 points to €24,737.24.
