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Geopolitical Score 85 Bearish

Canadian Stocks Edge Lower Amid Renewed Crude Oil Supply Concerns

Apr 09, 2026 20:32 UTC
CL=F, ^GSPTSE, ^VIX
Immediate term

April 09, 2026 — 04:32 pm EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Giving back ground following yesterday's rally following a diplomatic breakthrough in U.S.-Iran conflict, Canadian stocks fell on Thursday as cr

  • Iran limiting vessel traffic in the Strait of Hormuz
  • Crude oil prices bouncing due to supply concerns
  • Canadian equities declining following a previous rally

April 09, 2026 — 04:32 pm EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Giving back ground following yesterday's rally following a diplomatic breakthrough in U.S.-Iran conflict, Canadian stocks fell on Thursday as crude oil prices bounced due to renewed supply disruption concerns after Iran limited vessel traffic through the Strait of Hormuz. After opening below yesterday's close, today the benchmark S&P/TSX Composite Index gained ground early in the session but lost momentum to trade lower throughout the rest of the session before settling at 33,477.71, down by 142.86 points (or 0.42%). T

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