Canada’s main stock index slipped on Thursday, weighed down by declines in mining and technology stocks and renewed geopolitical concerns in the Middle East. Iran’s tightening control over its Strait of Hormuz unsettled investors, while oil prices extended their rally, rising more than 4 per cent, pushing the energy sector as a top gainer on the TSX. This, all the while, peace efforts and continued restrictions on traffic through the critical waterway stalled.
US stocks were lower as markets absorbed the previous session’s record-setting gains for the S&P 500 and NASDAQ, while investors assessed the latest earnings reports and geopolitical headlines.
| TSX | 33,912.93 | -42.18 |  |
| TSXV | 1,020.23 | -30.63 | |
| CSE | 176.84 | -8.36 | |
| DJIA | 49,310.32 | -179.71 | |
| NASDAQ | 24,438.50 | -219.06 | |
| S&P 500 | 7,108.40 | -29.50 | |
The Canadian dollar traded for 73.02 cents US compared to 73.13 cents US on Wednesday.
US crude futures traded US$3.15 higher at US$96.11 a barrel, and the Brent contract also rose US$3.15 to US$105.10 a barrel.
The price of gold was down US$20.84 to US$4,712.79.
In world markets, the Nikkei was down 445.63 points to ¥59,140.23, the Hang Seng was down 248.04 points to HK$25,915.20, the FTSE was down 15.14 points to ₤5,607.72, and the DAX was down 39.45 points to €24,155.45.