Oil falls below US$100 after ceasefire deal, futures market points to stock rally

Activists protest at Lafayette Park near the White House in Washington, Tuesday evening, April 7, 2026. (AP Photo/Jose Luis Magana)

 JLM

TORONTO - Canada's main stock index was up more than 380 points, while the price of oil dropped below US$95 per barrel after Iran, the United States and Israel agreed to a two-week ceasefire. 

The S&P/TSX composite index was up 383.05 points at 33,620.57.

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