Basic materials stocks weigh on TSX, as U.S. markets gain and oil prices rise

S&P/TSX composite index edges lower on materials losses, U.S. markets positive

TORONTO — Canada's main stock index was down slightly, weighed down by losses in the basic materials sector, while U.S. markets gained ground. The S&P/TSX composite index was down 34.25 points at 34,734.89.

Basic materials stocks weigh on TSX, as U.S. markets gain and oil prices rise

TORONTO - Canada’s main stock index edged lower, while U.S. markets were positive and oil prices rose after the latest fighting threatened the U.S.-Iran ceasefire.

@ the Bell: Markets uneasy as oil rebounds and jobs data looms

Canada’s top stock index slipped on Monday as oil prices rebounded from a recent slump, supported by reports of renewed tensions in the Gulf. Iran has suspended talks with the US in protest over Israel’s actions in Lebanon, which Tehran said violated the ceasefire. Uncertainty surrounding the ongoing conflict continued to dampen overall market sentiment. Energy and tech were the biggest gainers for the TSX. Meanwhile, Canadian government bond yi…

TSX futures up as oil rises, but rising Middle East tensions remain in focus

June 1 (Reuters) - Futures tracking Canada's resources-heavy index inched higher on Monday, tracking higher crude oil prices after reports of fresh hostilities ​in the Gulf, though signs of no end to ‌the conflict kept broader risk appetite in check.June futures on the S&P/TSX index were up 0.1% at 6:06 a.m. ET (1006 GMT), mirroring similar ​gains on Wall Street.Oil prices rose more than 3% after Iran ​and the U.S. traded strikes and Israel o