Canada’s main stock index closed higher on Wednesday after US President Donald Trump announced an open‑ended extension of the ceasefire with Iran. Still, investor confidence was tempered by reports of gunfire incidents targeting container ships in the Strait of Hormuz.
Uncertainty persists, as Tehran’s lack of firm engagement reportedly led to a delay in Vice President JD Vance’s planned trip for peace negotiations. According to The New York Times and Axios, citing US officials familiar with the matter, the pause reflects growing doubts about Iran’s willingness to participate. Iranian state media said on Wednesday that negotiators from Tehran had dismissed talks with the US as a “waste of time” and would not attend.
| TSX | 33,955.11 | +146.81 |  |
| TSXV | 1,050.86 | +28.25 | |
| CSE | 185.20 | +10.20 | |
| DJIA | 49,490.03 | +340.65 | |
| NASDAQ | 24,657.57/td> | +397.60 | |
| S&P 500 | 7,137.90 | +73.89 | |
The Canadian dollar traded for 73.13 cents US compared to 73.20 cents US on Tuesday.
US crude futures traded US$2.90 higher at US$92.57 a barrel, and the Brent contract rose US$2.95 to US$101.40 a barrel.
The price of gold was up US$35.61 to US$4,736.65.
In world markets, the Nikkei was up 236.69 points to ¥59,585.86, the Hang Seng was down 324.24 points to HK$26,163.24, the FTSE was down 21.63 points to ₤10,498.09, and the DAX was down 75.97 points to €24,194.90.
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