The TSX started the week on solid footing Monday, following momentum in global tech as Alphabet crossed the US$3 trillion valuation mark and Tesla shares rallied after Elon Musk announced a US$1 billion stock purchase.
Market numbers
TSX: Up (0.50%), 29,431.02
TSXV: Up (1.51%), 892.98
DOW: Down (0.07%), 45,852.00
NASDAQ: Up (0.24%), 24,355.50
FTSE: Down (0.18%), 9,277.50
In the headlines
Alphabet hits $3 trillion milestone – Alphabet (NDAQ:GOOG) became the fourth company in history to cross the US$3 trillion valuation mark, joining Apple, Microsoft, and Nvidia in the exclusive club. The record high reflects continued investor confidence in AI and cloud growth.
Tesla surges on Musk’s US$1B buyback – Tesla Inc (NDAQ:TSLA) shares jumped 3.6% after CEO Elon Musk announced a personal US$1 billion purchase of company stock, aimed at restoring momentum after months of underperformance. The move sent ripples across the EV sector.
Currencies
USD: Up (0.19%), $0.7267
GBP: Down (0.13%), $0.5324
EUR: Down (0.19%), $0.6154
JPY: Down (0.04%), ¥106.937
Bitcoin: Up (0.07%), 115,463.12
(Conversion to C$1)
Commodities
Copper: Down (0.39%), 4.7127
Gold: Up (0.19%), 3,685.90
WTI: Up about 1.2%, 64.21
Natural Gas: Up (0.88%), 3.054
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