Canadian stocks rose on Friday, extending the prior session’s gains as investors grew more optimistic after President Trump said a U.S.-Iran peace agreement could be signed this weekend and the Strait of Hormuz may reopen. The move reflects easing geopolitical risk and improved risk appetite, with potential downside pressure on oil-related volatility if Middle East tensions continue to de-escalate.
Canadian stocks rose on Friday, extending the prior session’s gains as investors grew more optimistic after President Trump said a U.S.-Iran peace agreement could be signed this weekend and the Strait of Hormuz may reopen. The move reflects easing geopolitical risk and improved risk appetite, with potential downside pressure on oil-related volatility if Middle East tensions continue to de-escalate.
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mildly positive
Sentiment Score
0.35