India, July 27 -- Notably higher Canadian and U.S. futures and firm precious metals prices amid easing U.S.-Iran tensions suggest a positive start for the Canadian stock market on Monday.
Weak oil prices could hurt energy stocks and limit market's upside.
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Oil prices fell sharply after Iran and the U.S. paused military strikes over the weekend, paving the way for talks to avoid a return to full-scale war.
After the U.S. paused its strikes against Iran for a second night, Iran stopped conducting counterattacks. According to reports, Pakistan is exploring a path toward new U.S.-Iran talks over ending the conflict.
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