TSX Composite fell 150.94 points (0.45%) and S&P/TSX 60 dropped 8.66 points to 1,944.53 amid ceasefire doubts.
Crude oil WTI futures surged 7.86% to $101.83 per barrel, Brent rebounded toward $100 as Strait of Hormuz tensions persisted.
U.S. February PCE price index rose 3% YoY, staying above the Fed’s 2% target, keeping inflation concerns high.
Gold climbed to $4,768.47 per ounce, driven by safe‑haven demand as geopolitical uncertainty revived amid Middle East conflict.