India, June 10 -- Canadian stocks moved mostly lower on Wednesday after U.S. retaliation to Iran's downing of a U.S. helicopter and Iran's counter-attacks, led investors to wind up expectations on an amicable U.S.-Iran peace deal and an early reopening of the Strait of Hormuz.
After opening well-below yesterday's close, today the benchmark S&P/TSX Composite Index traded below the flatline throughout the session before settling at 34,151.32, down by 260.37 points (or 0.76%).
Five of the 11 sectors posted gains today, with the energy sector leading the pack.
The U.S.-Israel versus Iran war entered day number 103 today.
Yesterday, U.S. President Donald Trump stated that a deal with Iran could be signed in a day or two after which the Strai...