Daily-Wrap

From a technical perspective, the index is trading near a key rising trendline resistance around the 33,900 mark, which continues to cap near-term upside and reflects underlying fragility in momentum. As long as the index remains below this resistance zone, the short-term outlook is …

Canadian stocks edged down Friday as the Strait of Hormuz blockade continued to weigh on markets, though losses were tempered by reports that Iran has submitted a new peace proposal to the U.S. aimed at ending the Gulf conflict.

From a technical perspective, the index is trading near a key rising trendline resistance around the 34,100 mark, which continues to cap near-term upside and highlights underlying fragility in momentum. As long as the index remains below this resistance zone, the short-term outlook is …

The benchmarkS&P/TSX CompositeIndex moved higher early in the session and climbed more firmly into positive territory as the day progressed. The index shot up 645.94 points or 1.9 percent to 33,964.33.

From a technical perspective, the index is currently trading near a crucial rising trendline resistance around the 34,100 mark, which is capping near-term upside and highlighting underlying fragility in momentum. As long as the index remains below this resistance zone, the short-term outlook is …

After opening a little lower than yesterday's close, the benchmarkS&P/TSX CompositeIndex traded firmly negative before settling at 33,318.39, down by 265.95 points (or 0.79%).

From a technical perspective, the index is currently trading near a crucial rising trendline resistance around the 33,800 mark, which is capping near-term upside and indicating underlying fragility in momentum. As long as the index remains below this resistance zone, the short-term outlook is …