India, June 13 -- The Canadian market slipped down from yesterday's record high on Friday in response to Israel extensively attacking Iran.
The benchmark S&P/TSX Composite Index regained some ground after an early slump but once again came under pressure as the day progressed, closing down 111.40 points or 0.4% at 26,504.35. However, the index recorded its third consecutive weekly gain, climbing 0.6%.
Earlier today, around 200 Israeli Air Force fighter jets attacked hundreds of nuclear and military targets across Iran. While US President Donald Trump stated that Iran brought on this attack upon itself, Iran warned that Israel would pay a "heavy price" for its attacks.
This development has increased the threat of a full-blown conflict in ...