U.S. and Canadian flags merging
(Source: Adobe Stock)

Canadian equity futures rose Wednesday after Donald Trump said he has no plans to remove Fed Chair Jerome Powell and hinted at movement on a U.S.-China trade deal.

Market Numbers (Futures)

TSX : Up (1.00%) 24,621.96
TSXV: Down (0.019%) 630.80
DOW:  Up (1.67%) 40,016.00
NASDAQ: Up (2.65%) 18,866.00
FTSE: Up (1.14%) 8,423.41

In the Headlines:

Barrick Gold Corp. is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations.

And Elon Musk announced plans to scale back his U.S. government involvement to concentrate on Tesla, following the company’s weakest quarter in years.

Currencies Update: (Futures)

 The Canadian dollar is mostly on the up today. Down 0.11% to $0.7220 US,  climbing 0.02% to $0.6338 against the Euro, and Bitcoin blows up 1.89% to $122,692.16

Commodities: (Futures)

Natural Gas: Up (3.52%), 3.12
WTI:  Down (1.37%), 62.80
Gold: Down (1.57%), 3,3,327.84
Copper:  Up (1.24%) 5.85

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

More From The Market Online

How could bank stocks benefit from a Bank of Canada rate hike?

Laurentian Bank of Canada (TSX:LB) could benefit from a potential Bank of Canada rate hike if higher loan rates expand lending margins.

A convention connecting investors with emerging microcap cannabis companies

Auxly Cannabis (TSX:XLY) will present at Planet MicroCap Toronto 2026 on October 28, with CEO Hugo Alves leading the company’s presentation.

@ the Bell: Markets slip on oil and AI concerns

Canadian stocks moved lower on Thursday as sinking gold and copper prices coupled with rising crude...