TSX Dips as Middle East Peace Hopes Stall and Oil Gains

Canada's main stock index fell 0.1% as uncertainty over Middle East peace talks offset gains in energy. First Capital shares rose on a $6.85 billion buyout.

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The main stock index in Canada edged lower on Thursday as initial optimism regarding a potential Middle East peace agreement stalled, leaving investors cautious despite significant gains in the energy sector. The S&P/TSX Composite Index declined by 0.1% to 34,202.07 points by mid-morning, though it continued to trade near levels last seen in early March.

A Toronto Stock Exchange sign is displayed at the Exchange Tower in Toronto, Ontario. REUTERS/Chris Helgren/File Photo
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