tradingkey.logo
tradingkey.logo
Search

CANADA STOCKS-TSX futures jump as US-Iran ceasefire deal lifts investor sentiment

ReutersApr 8, 2026 9:37 AM
facebooktwitterlinkedin
  • TSX futures up 2.2%

- Futures tracking Canada's main stock index jumped on Wednesday as a U.S.-Iran ceasefire agreement brought relief for investors, while gold prices reached a near-three-week high.

June futures on the S&P/TSX index SXFcv1 were up 2.2% at 5:21 a.m. ET ( 9:21 a.m. GMT).

  • The U.S. and Iran agreed to a ceasefire agreement two hours before President Donald Trump's deadline to reopen the Strait of Hormuz.

  • Iran said negotiations with the U.S. will begin on April 10 in Islamabad, adding that the talks do not signal an end to the war, Iranian state media reported.

  • Oil prices plunged, with both Brent crude futures LCOc1 and U.S. West Texas Intermediate crude CLc1 hovering around $95 a barrel. O/R

  • Spot gold XAU= rose 2%, while silver XAG= gained more than 5%. GOL/

  • The benchmark stock index .GSPTSE closed at a four-week high on Tuesday, lifted by gains in energy and metal mining shares.

  • Investors will also assess minutes from the Federal Reserve's policy meeting in March, due later in the day.

  • Food and grocery retailer North West Company's NWC.TO and aerospace and defense tech firm Firan Technology's FTG.TO quarterly results are scheduled after the bell.

FOR CANADIAN MARKETS NEWS, CLICK ON CODES:

TSX market report .TO

Reuters global stocks poll for Canada EQUITYPOLL1, EPOLL/CA

Canadian markets directory CANADA

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Tradingkey
KeyAI