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TSX Falls, U.S. Stocks Diverge as Oil Rises on Middle East Tensions

Investors await upcoming inflation data after the Federal Reserve held rates steady.

People walk past the New York Stock Exchange, Wednesday, June 18, 2025, in New York. (AP Photo/Yuki Iwamura)

Overview

  • Canada’s S&P/TSX composite dipped 8.43 points to close at 26,497.57 on June 20.
  • In New York, the Dow Jones rose 35.16 points to 42,206.82 while the S&P 500 fell 13.03 to 5,967.84 and the Nasdaq slid 98.86 to 19,447.41.
  • The Canadian dollar weakened slightly to 72.84 US cents from 72.87 a day earlier.
  • August crude oil climbed 34 cents to US$73.84 per barrel as fears of supply disruptions rose over the IsraelIran conflict.
  • A pause on U.S. reciprocal tariffs is set to end July 9, adding trade uncertainty ahead of key inflation and quarter-end data.