After last weeks major sell off, gold is shining as the strong contender to kick off the week, boosting Canada’s main stock index.
Market Numbers: (Futures)
TSX : UP (0.54%) 25,282.82
TSXV: Down (1.46%) 634.69
DOW: Down (0.47%) 44,059.00
NASDAQ: Up (0.35%) 22,218.50
FTSE: Down (0.001%) 8,659.26
In the Headlines
As Canada faces the prospect of severe U.S. tariffs under President Donald Trump’s repeated threats, approximately half of Canadians and Americans perceive their economies to be in a state of recession, according to a new poll.
And The new U.S. presidential administration was expected to bring a wave of dealmaking, yet market uncertainty and ever-evolving trade regulations have led some tech companies to hesitate about going forward with initial public offerings.
Currencies Update: (Futures)
The loonie is showing green across the board this morning gaining 0.09% to the greenback to $1.795 holding flat at $0.6719 against the Euro.
Bitcoin loses 0.28% to $136,021.84
Commodities: (Future)
Natural Gas: Down (5.65%), 3.92
WTI: Down (3.04%), 70.272
Gold: Up (0.35%), 2,948.18
Copper: Up (0.01%) 6.11
To stay up-to-date on all of your market news head to stockhouse.com
Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here