Today is “Liberation day” President Donald Trump states causing Canada’s main stock index to fall after two consecutive days of gains as investors brace for the unveiling of new trade tariffs.
Market Numbers (Futures)
TSX : Down (0.50%) 24,908.11
TSXV: Down (0.34%) 626.19
DOW: Down (0.48%) 42,041.00
NASDAQ: Down (0.84%) 19,440.50
FTSE: Up (0.74%) 8,571.22
In the Headlines:
Canadian motorists and homeowners will finally see some relief as the federal government eliminates the consumer carbon charge, reducing gasoline prices by 17.6 cents per litre and lowering natural gas costs by approximately $4 per gigajoule.
And Rogers Communications Inc. shares plummeted nearly 6% to $36.17—their lowest since 2012—while reports of an $11 billion, 12-year NHL broadcast renewal and a sector downgrade by Bank of Nova Scotia.
Currencies Update: (Futures)
The Canadian dollar is down 0.20% to $0.696 U.S., also slipping 0.26% to $0.644 against the Euro.
Bitcoin adds 0.71% to $121,324.26
Commodities: (Futures)
Natural Gas: Up (0.71%), 3.98
WTI: Down (0.51%), 70.82
Gold: Up (0.24%), 3,118.42
Copper: Down (0.45%) 6.24
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