TORONTO — Canada’s main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.
TORONTO — Canada’s main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.
Markets had seen gains Monday as worries eased, but concerns once again ratcheted up after U.S. President Donald Trump called for unconditional surrender from Iran’s leader and for the 9.5 million residents of the country’s capital to flee.
“It’s sort of a tense market, not panicky, but tense,” said Brian Madden, chief investment officer at First Avenue Investment Counsel.
“Trump is saying everyone evacuate Tehran, and calling the National Security Council to the situation room, so I think the speculation in the commodity pits is…
