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CANADA STOCKS-TSX futures edge up as investors weigh US-Iran peace proposal

ReutersApr 6, 2026 10:11 AM

- Futures tracking Canada's main stock index inched up on Monday in thin trading as investors returned from Easter weekend to reports of a peace proposal received by the U.S. and Iran, raising hopes for an end to the Middle East conflict.

June futures on the S&P/TSX Composite Index SXFc1 were up 3.20 points, or 0.17%, at 05:42 a.m. ET (1042 GMT).

  • Iran and the United States have received a Pakistan-brokered proposal aimed at ending hostilities that could come into effect on Monday and reopen the Strait of Hormuz, a source aware of the matter told Reuters.

  • A senior Iranian official said Tehran would not reopen the Strait as part of a temporary ceasefire and would not accept deadlines as it reviews the proposal.

  • Oil prices slipped after sharp gains in the previous session, with U.S. West Texas Intermediate crude CLc1 down 1.9% after surging more than 11% on Thursday.

  • Spot gold XAU= was up 0.6%, while silver XAG= rose 0.2%.

  • Canada's benchmark stock index .GSPTSE closed at its highest since March 11 on Thursday, boosted by gains in energy shares .SPTTEN as oil prices surged.

  • Futures trading volumes were thin with major stock markets closed across much of Europe and the Asia-Pacific region, including Hong Kong, Australia and New Zealand.

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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