Canada: TSX Ends Week Marginally Lower.

The S&P/TSX Composite Index pared early gains and closed slightly lower at 26,498 on Friday, leaving the week marginally in the red. Initial relief from President Trump’s decision to delay US intervention in the Iran–Israel conflict by up to two weeks was offset by Israel’s UN ambassador vowing “we will not stop” attacks until Iran’s nuclear threat is dismantled. Meanwhile, Prime Minister Carney’s pledge to secure a comprehensive trade deal with Washington within 30 days, thereby averting retaliatory steel and aluminum tariffs, eased export-related anxieties and underpinned resource and industrial stocks. On the sector front, technology led the decline as Constellation Software, CGI and Celestica fell between 0.8% and 2.1%, while commodity-linked energy and base-metals names also weighed on the benchmark. Conversely, e-commerce giant Shopify bucked the trend with a 1.8% gain.