India, April 7 -- Extending the gains from the four previous sessions, Canadian stocks inched higher on Tuesday as investors held back risky moves and focused on how the U.S. ultimatum to Iran develops.
After opening below yesterday's close, today the benchmark S&P/TSX Composite Index traded lower early and gave further ground later to trade negative throughout much of the session before recovering late in the day to close at 33,237.52, up by 55.55 points (or 0.17%).
Five of the 11 sectors posted gains today, with the energy sector leading the pack.
The gulf war that started on February 28 is raging in its sixth week.
As has Iran effectively closed the Strait of Hormuz since the war began, oil prices have gone through the roof, pushing ...