Canadian stocks soared on Thursday as markets priced in de-escalation in the Middle East after Israel and Lebanon agreed to renew the ceasefire. The U.S. and Iran also confirmed the continuation of peace talks, improving risk appetite and reversing the prior session's slump. The move reflects a broader relief rally driven by lower geopolitical tension.
Canadian stocks soared on Thursday as markets priced in de-escalation in the Middle East after Israel and Lebanon agreed to renew the ceasefire. The U.S. and Iran also confirmed the continuation of peace talks, improving risk appetite and reversing the prior session's slump. The move reflects a broader relief rally driven by lower geopolitical tension.
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moderately positive
Sentiment Score
0.55