Canada’s main stock index rallied on Thursday as investors digested the latest minutes from the US Federal Reserve, even as gold and oil prices continued to climb. Gains in energy stocks outweighed declines in healthcare and financial shares.
Oil jumped more than 1.5 per cent on amid heightened geopolitical tensions. The surge followed comments from Vice President JD Vance, who said Iran had failed to meet key US requirements in this week’s nuclear discussions. He added that President Donald Trump still reserves the option of using military force if diplomacy does not halt Iran’s nuclear ambitions. Meanwhile, investors also reviewed minutes from the Federal Reserve’s January meeting, which revealed differing views among policymakers about the future direction of monetary policy.
| TSX | 33,594.98 | +205.25 |  |
| TSXV | 1,017.36 | +20.87 | |
| CSE | 168.15 | +4.52 | |
| DJIA | 49,395.16 | -267.50 |  |
| NASDAQ | 22,682.73 | -70.91 | |
| S&P 500 | 6,861.89 | -19.42 | |
The Canadian dollar remained 73.00 cents US.
US crude futures traded US$1.42 higher at US$66.61 a barrel, and the Brent contract rose US$1.46 to US$71.81 a barrel.
The price of gold was up US$2.01 to US$4,989.86.
In world markets, the Nikkei was up 323.99 points to ¥57,467.83, the Hang Seng remained at HK$26,705.94, the FTSE was down 59.14 points to ₤10,627.04, and the DAX was down 234.64 points to €25,043.57.
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