Futures tied to Toronto’s main stock index calmed this morning after yesterdays tech sector tiddle wave dropped global equity markets.
Market Numbers:
TSX : Down (0.70%) 25,289.15
TSXV: Down (2.96%) 602.84
DOW: Up (0.65%) 44,713.58
NASDAQ: Down (3.07%) 19,341.83
FTSE: Up (0.47%) 8,543.84
In the Headlines
A key candidate running to replace Justin Trudeau as Canada’s prime minister is calling for an international summit to hammer out a joint response to US President Donald Trump’s tariff and sovereignty threats. Former Finance Minister Chrystia Freeland, who spearheaded trade negotiations for Canada during Trump’s first term, pitched the idea as part of a strategy she released on Monday to counter the US president’s attacks.
And The world’s 500 richest people, led by Nvidia Corp. co-founder Jensen Huang, lost a combined $108 billion on Monday as a tech-led selloff tied to Chinese AI developer DeepSeek sent major indices plunging
Currencies Update
The loonie continues to tumble another $0.0493 cents to $0.6939 cents U.S , holding flat $0.0189 at $0.6658 Euro and Bitcoin regains yesterday’s losses by 2,168.64 or +1.49 to $148,136.03
Commodities
Natural Gas: Down (3.51%), 3.57
WTI: Up (0.25%), 73.35
Gold: Up (0.07%), 2,742.81
Copper Down (0.71%) 5.8609
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