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Market Impact: 0.75

Canadian Stocks Tumble Amid Escalating Tensions In Middle East

Geopolitics & WarEnergy Markets & PricesInvestor Sentiment & PositioningMarket Technicals & Flows

Attacks on energy infrastructure in the Middle East triggered a risk-off move: Canadian equities tumbled on Thursday, with the energy sector the lone outperformer. The geopolitical shock is likely to support energy prices and energy stocks while pressuring the broader Canadian market and driving volatile investor positioning.

Analysis

Attacks on energy infrastructure in the Middle East triggered a risk-off move: Canadian equities tumbled on Thursday, with the energy sector the lone outperformer. The geopolitical shock is likely to support energy prices and energy stocks while pressuring the broader Canadian market and driving volatile investor positioning.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.60