India, June 17 -- Canadian stock market declined on Tuesday, with the Israel-Iran conflict showing no signs of cooling off.

The benchmark S&P/TSX Composite Index today opened lower than previous session but inched its way up to hit the day's high within hours. However, unable to rally up, it declined slowly and settled lower at 26,541.39, down by 27.22 (or 0.10 percent).

As a leading exporter of aluminum and steel to the US, Trump's tariff imposition has hit hard on Canadian industries and auto exports. At the G7 summit that took place in Alberta, hopes ran high of a bilateral deal between the US and Canada.

Yesterday, Canadian PM Mike Carney stated that he and US President Donald Trump are on the verge of completing a new bilateral econ...