TSX opens lower as US-Iran tensions lift oil prices
Canada's main stock index opened lower on Monday as renewed tensions between the U.S. and Iran pushed oil prices higher. The S&P/TSX composite index fell 0.1%.
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Canada's S&P/TSX composite index fell 0.1% to 33,847.92 points during the Monday morning opening. Renewed friction between the United States and Iran pushed energy prices higher, weighing on broader global equity markets. Rising geopolitical risk often shifts investor capital from equities into commodities, creating volatility for resource-heavy benchmarks like the TSX.
