Canadian Stocks Edges Higher As Investors Weigh Ceasefire Signals In Gulf

Canadian stocks inched higher, extending gains for a fourth session as investors weighed ceasefire attempts in the Gulf. Markets remained cautious ahead of a U.S. ultimatum to Iran over the Strait of Hormuz lapsing tomorrow, a development that could affect oil flows and increase volatility.

Analysis

Canadian stocks inched higher, extending gains for a fourth session as investors weighed ceasefire attempts in the Gulf. Markets remained cautious ahead of a U.S. ultimatum to Iran over the Strait of Hormuz lapsing tomorrow, a development that could affect oil flows and increase volatility.