TORONTO — Stocks in Canada and the U.S. rose on Thursday, as easing oil prices brought some calm to financial markets.
A day earlier, stock markets fell and oil prices rose as comments from U.S. President Donald Trump raised doubts about the temporary truce in the war with Iran.
“Markets still believe that the U.S. is motivated to end the conflict in Iran. They’re looking for an off-ramp, so I think that’s why people … they’re not reacting as though this is catastrophic for risk assets,” said Lesley Marks, chief investment officer of equities at Mackenzie Investments.
The S&P/TSX composite index was up 264.65 points at
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