Canadian Stocks Slip Amid Strait Of Hormuz Closure, Renewed U.S.-Iran Escalation

Partially offsetting the gains made from Friday's session, Canadian stocks inched lower on Monday as a plunge in the metal-linked materials sector due to a decline in gold prices overshadowed the surge in the oil-linked energy sector due to a sharp jump in crude oil prices after Iran shut the Strait of Hormuz once again.

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