Toronto Stock Exchange week ahead: Hormuz turmoil raises oil-shock risk for TSX as March begins
Oil prices rose after strikes on Iran and disruptions near the Strait of Hormuz, pushing energy and materials stocks higher. The S&P/TSX Composite fell 0.5% Friday but gained 7.6% in February, its best month since 2020. Financials and tech dropped, with Shopify down 4.3%. The Canadian dollar climbed 0.4% to 1.3630 per U.S. dollar.