After scoring a record high in the previous session, Canada’s main stock index lost ground on Wednesday thanks to compounded losses from multiple key sectors. Investors continue to assess the on again / off again ceasefire between Iran and Israel as Canada pledged to spend 5 per cent of its GDP on defence by 2035 in a pact with NATO leaders.
American indices continue to hover near record levels as financial markets take a breather after two strong sessions, driven by optimism that the Israel-Iran conflict won’t disrupt the global crude oil supply. Asian markets closed higher while Euro markets were down.
| TSX | 26,566.32 | -152.30 |  |
| TSXV | 718.72 | +6.20 |  |
| CSE | 117.67 | +0.72 | |
| DJIA | 42,982.43 | -106.59 | |
| NASDAQ | 19,973.55 | +61.02 | |
| S&P 500 | 6,092.16 | -0.02 | |
The Canadian dollar traded for 72.86 cents US compared to 72.87 cents US on Tuesday.
US crude futures traded $0.82 higher at US$65.19 a barrel, and the Brent contract rose $0.76 to US$67.90 a barrel.
The price of gold was up US$14.32 to US$3,333.05.
In world markets, the Nikkei was up 151.51 points to ¥38,942.07, the Hang Seng was up 297.60 points to HK$24,474.67, the FTSE was down 40.24 points to ₤8,718.75, and the DAX was down 143.25 points to €23,498.33.
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