Market Open

As trump strikes new deals with Japan, lowering tariffs on auto imports market sentiment rises bringing Canada’s benchmark with it this morning.

Market Numbers (Futures)

TSX : Up ( 0.50%) 27,501.25
TSXV: Up (0.45%%) 806.38
DOW:  Up (0.52%) 44,943.00
NASDAQ: Up (0.08%) 23,244.00
FTSE: Up (0.56%) 9,074.05

In the Headlines:

Ottawa’s eyeing a hike to the deposit insurance limit, because $100K just doesn’t cut it in a world where trust in banks is wearing thin.

And In 2024, the average Canadian family handed 42.3% of their income to taxes, making Ottawa the biggest bill on the table

Currencies Update: (Futures)

The Canadian dollar drifts lower to $0.7363 U.S., slides against the euro by 0.38% to $0.6298, while Bitcoin gets knocked back, shedding $1,558 to land at C$160,770.28

Commodities: (Futures)

Natural Gas: Down: Down (2.54%), 3.17
WTI:  Down (0.50%), 64.98
Gold: Down (0.26%), 3,422.59
Copper:  Up (0.49%) 6.08

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

AI in Canada: 5 defining trends

A pair of new studies from IBM (NYSE:IBM) show that businesses in Canada are taking confident strides into an AI-powered future.

Neurothera cannabinoid tech disarms antibiotic resistance

Neurothera Labs now holds a US patent for combining antimicrobials and cannabinoids to boost antibiotics against resistant bacterial strains.

Market Open: Eldorado–Foran Deal, Devon–Coterra Mega‑Merger | Feb 2nd

Markets slide as TSX and TSXV tumble on a broad commodities selloff. Eldorado moves to buy Foran Mining, while Devon and Coterra announce a…

Draganfly to provide drones and training to U.S. Air Force special ops command

Draganfly (CSE:DPRO) and DelMar Aerospace received an award to provide Flex FPV drones and foundational FPV training to the U.S. Air Force.