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TSX Up 0.8%, Looks Set To End On Firm Note
The Canadian market remains firmly up in positive territory Friday afternoon thanks largely to strong gains in materials stocks. Several stocks from real estate, consumer discretionary and financials sectors too are up with impressive gains.
The undertone in the market is quite firm amid expectations Iran and the U.S. could sign a peace deal as early as this Sunday.
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90 days ago
Swiss Market Ends On Strong Note
The Switzerland market closed notably higher on Friday after holding firm throughout the trading session, in line with markets across Europe and elsewhere, amid rising optimism the U.S. and Iran will strike a deal soon.
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90 days ago
European Stocks Post Strong Gains On US-Iran Peace Deal Hopes
European stocks closed on a strong note on Friday, buoyed by hopes Iran and the U.S. will reach a peace agreement sometime soon, following U.S. President Donald Trump calling off his planned attacks on Iran yesterday.
Enthusiasm surrounding the SpaceX IPO and its market debut, and a sharp drop in oil prices helped as well in lifting the sentiment.
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90 days ago
U.S. Consumer Sentiment Rebounds From Record Low In June
With consumers experiencing some relief due to the early-month easing in gasoline prices, the University of Michigan released a report on Friday showing a bigger than expected rebound in U.S. consumer sentiment in the month of June. The University of Michigan said its consumer sentiment index jumped to 48.9 in June after slumping to 44.8 in May. Economists had expected the index to rise to 46.0.
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90 days ago
SpaceX Raises $75 Bln In IPO, Turning Musk First Trillionaire
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
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90 days ago
Bay Street Looks Headed For Firm Start
Canadian stocks look headed for a positive start Friday morning amid rising hopes the U.S. and Iran will strike a peace deal this weekend.
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90 days ago
Canadian Dollar Falls As Crude Oil Prices Slump
The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices slumped over 4 percent after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation.
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90 days ago
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Canadian Dollar Falls Against Majors
The Canadian dollar weakened against other major currencies in the European session on Friday.
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91 days ago
U.K. Economy Shrinks For First Time Since August
The U.K. economy contracted for the first time since August last year as the U.S.-Iran war has started to take its toll on business activity, official data showed Friday. Real gross domestic product decreased 0.1 percent in April, in contrast to a 0.3 percent expansion in March, the Office for National Statistics reported. This was the first monthly fall since August 2025.
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91 days ago
FTSE 100 Extends Recent Gains, Up Nearly 1%
The UK stock market's FTSE 100 climbed higher on Friday, extending gains to a third straight session, amid rising optimism about Iran and the U.S. reaching a peace deal. Sharply lower oil prices helped as well in lifting the sentiment.
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91 days ago
Indian Shares Rally On US-Iran Peace Deal Hopes
Indian shares closed Friday's session on a buoyant note in a broad-based rally, with both frontline and broader market indexes posting sharp gains.
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91 days ago
CAC 40 Rises 2.3% As US-Iran Peace Deal Hopes Lift Sentiment
The French stock market's benchmark index CAC 40 jumped more than 2.3% Friday morning with investors going on a buying spree amid rising hopes of a U.S.-Iran peace deal following U.S. President Donald Trump calling off previously planned attacks on Iran. Oil's sharp drop contributed as well to the upbeat mood in the market.
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91 days ago
Gold Extends Recovery On US-Iran Peace Deal Hopes
Gold traded higher on Friday, after having rebounded sharply from a six-month low in the previous session.
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91 days ago
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