Canadian and U.S. stock markets slide from record highs amid rising oil prices - BNN Bloomberg
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Article Excerpt
TORONTO — Stock markets in Canada and the U.S. lost ground on Wednesday as oil prices rose following a flare-up in hostilities that threatened the U.S.-Iran ceasefire. The broad declines in the North American stock market came a day after fresh highs for the S&P/TSX composite index and S&P 500. Anish Chopra, managing director with Portfolio Management Corp., said Wednesday’s market action was a “tug of war” between geopolitics and AI. Real-time TSX market updates here “When you take a big picture point of view, markets are back in risk-off mode, you’ve got stocks lower, oil higher, bond yields…
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Jun 3, 2026
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