Canadian stocks are up, led by technology sector, as ceasefire between Israel and Iran is announced.

From Nasdaq, Inc.: 2025-06-24 12:55:00

Canadian stocks are mostly higher, with the S&P/TSX Composite Index up 0.5% at 26,750.34, nearing a record high. President Trump announced a ceasefire between Israel and Iran, boosting market sentiment. Technology stocks are leading gains, with the S&P/TSX Capped Information Technology Index up 2.4%. Telecom and financial sectors are also strong. Gold and energy stocks are down. Canadian consumer prices rose by 0.2% in May, with an annual growth rate of 1.7%, according to Statistics Canada. Despite ceasefire violations, traders remain optimistic about easing tensions in the Middle East.



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