TSX Slips on US-Iran Uncertainty

2026-06-19 20:26 By Isabela Couto 1 min. read

The S&P/TSX Composite Index fell 0.3% to close at 34,857 on Friday as investors reacted to the suspension of US-Iran talks.

The discussions, aimed at addressing Iran’s nuclear program following a recently signed memorandum of understanding, were delayed, while the Federal Reserve’s surprise hawkish shift earlier in the week continued to weigh on sentiment.

Financial stocks traded mixed, with RBC down 0.4% and TD Bank up 0.4%.

Brookfield edged higher amid reports it is the frontrunner to acquire a controlling stake in XpFibre.

Mining stocks moved lower as gold prices extended losses, with WPM down 4.8%, Agnico Eagle losing 2%, and Barrick falling 1.6%.

Energy stocks were mixed amid uncertainty over US-Iran diplomacy, with Canadian Natural rising 1.2%, while Imperial Oil shed 0.6%.



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TSX Slips on US-Iran Uncertainty
The S&P/TSX Composite Index fell 0.3% to close at 34,857 on Friday as investors reacted to the suspension of US-Iran talks. The discussions, aimed at addressing Iran’s nuclear program following a recently signed memorandum of understanding, were delayed, while the Federal Reserve’s surprise hawkish shift earlier in the week continued to weigh on sentiment. Financial stocks traded mixed, with RBC down 0.4% and TD Bank up 0.4%. Brookfield edged higher amid reports it is the frontrunner to acquire a controlling stake in XpFibre. Mining stocks moved lower as gold prices extended losses, with WPM down 4.8%, Agnico Eagle losing 2%, and Barrick falling 1.6%. Energy stocks were mixed amid uncertainty over US-Iran diplomacy, with Canadian Natural rising 1.2%, while Imperial Oil shed 0.6%.
2026-06-19
TSX Muted as US-Iran Talks Stall
The S&P/TSX Composite Index was little changed near the 35,000 mark on Friday as investors reacted to the suspension of US-Iran talks. The discussions, aimed at addressing Iran’s nuclear program following a recently signed memorandum of understanding, were delayed. At the same time, the Federal Reserve’s surprise hawkish shift earlier in the week continued to weigh on sentiment. Financial stocks traded mixed, with Brookfield falling nearly 1%, while RBC gained 0.6%. Gold prices extended losses, pressuring mining shares, with Agnico Eagle down more than 1%, Barrick losing over 1.5%, and WPM falling 2%. Energy stocks were mixed amid uncertainty over US-Iran diplomacy, with Canadian Natural up 1% and Cenovus gaining 0.5%, while Suncor Energy and Imperial Oil traded near flat.
2026-06-19
TSX Futures Slip on Suspended US-Iran Talks
Futures tracking Canada’s S&P/TSX Composite Index edged lower on Friday after US-Iran talks were suspended. The discussions, aimed at addressing Iran’s nuclear program following a recently signed memorandum of understanding, were delayed. At the same time, pressure from the Federal Reserve’s surprise hawkish shift on Wednesday remained, adding pressure to financial stocks and the broader index. Gold prices extended losses, weighing on mining shares. On the macroeconomic front, attention also turned to trade diplomacy after reports that Canadian Prime Minister Mark Carney and his team held a series of trade discussions with US officials, while retail sales rose sharply.
2026-06-19