India, July 17 -- Canadian stocks are seen opening on a weak note on Friday as worries about U.S.-Iran conflict may weigh on sentiment. A sell-off in tech stocks in global markets is likely to weigh on technology stocks in the Canadian market as well.
Investors await earnings updates from leading U.S. tech companies, including Alphabet, Amazon, Microsoft and Meta Platforms next week for further direction.
Brookfield Corporation (BN.TO) and its insurance arm Brookfield Wealth Solutions Ltd. (BNT.TO) said shareholders have approved a merger that will simplify the group's corporate structure and create a single publicly listed parent company.
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