Canada’s benchmark stock index climbed higher on Thursday even after optimism for a quick resolution to the Middle East conflict waned, following signals from US President Donald Trump that attacks on Iran could intensify.
Trump suggested the war with Iran was not close to ending, while oil prices climbed. In a Wednesday night address on the conflict, Trump said the US was “very close” to a conclusion but warned that Washington would strike Tehran “extremely hard.”
The energy sector was the lead gainer for the TSX heading into the long weekend.
| TSX | 33,108.22 | +150.27 |  |
| TSXV | 977.43 | +2.88 | |
| CSE | 164.38 | +0.63 | |
| DJIA | 46,504.67 | -61.07 |  |
| NASDAQ | 21,879.18 | +38.23 | |
| S&P 500 | 6,582.69 | +7.37 | |
The Canadian dollar traded for 71.85 cents US compared to 72.07 cents US on Wednesday.
US crude futures traded US$11.70 higher at US$111.80 a barrel, and the Brent contract rose US$7.81 to US$109.00 a barrel.
The price of gold was down US$114.57 to US$4,670.75.
In world markets, the Nikkei was down 1,276.41 points to ¥52,463.27, the Hang Seng was down 177.50 points to HK$25,116.53, the FTSE was up 71.50 points to ₤10,436.29, and the DAX was down 130.81 points to €23,168.08.
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