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CANADA STOCKS-TSX futures dip with investors assessing the Iran-Israel ceasefire

ReutersJun 25, 2025 10:51 AM

- Futures for Canada's main stock index nudged lower on Wednesday, a day after climbing to record highs as investors assessed the ceasefire between Iran and Israel.

Futures on the S&P/TSX index .SXFcv1 were down 0.1% at 06:20 ET (1020 GMT), mirroring the moves of its Wall Street peers.

Toronto's commodity-heavy S&P/TSX composite index .GSPTSE climbed to a record high on Tuesday, as investors cheered cooling of tensions in the Middle East and were reassured by Canada's inflation data.

Washington's Middle East envoy, Steve Witkoff, said that talks with Iran were "promising" as Washington aims for a long-term peace deal.

Oil prices LCOc1, CLc1 rose more than 1% with markets watching the stability of the ceasefire. Safe-haven gold XAU= steadied after dropping on Tuesday.

In company news, Parkland Corp PKI.TO shareholders agreed to a $9.1 billion acquisition by U.S.-based Sunoco SUN.N, which will create America's largest independent fuel distributor.

Convenience stores-operator Alimentation Couche-Tard ATD.TO will report results after markets close on Wednesday.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Reuters global stocks poll for Canada EQUITYPOLL1, EPOLL/CA

Canadian markets directory CANADA

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