Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX opened higher Thursday, tracking gains in global markets after the S&P 500 crossed 6,700 to a fresh record. Traders are weighing signs of weakness in U.S. jobs data, which helped push the euro higher against the dollar.

Market watchers are also eyeing big moves in single stocks: newly listed Fermi surged on its IPO, while Netflix shares slid after a social media jab from Elon Musk.

Market numbers

TSX: Up (0.28%), 30,107.67

TSXV: Up (0.33%), 916.25

DOW: Up (0.09%), 46,441.11

NASDAQ: Up (0.49%), 24,800.86

FTSE: Up (1.04%), 9,488.50

In the headlines

  • Fermi stock soars on IPO – Shares of newly listed Fermi America LLC (NDAQ:FRMI) jumped 55% on debut, valuing the company at US$14 billion. The strong reception underscores continued appetite for AI-driven growth stories.
  • Netflix slides after Musk postNetflix Inc. (NDAQ:NFLX) dropped 2.4% after Elon Musk urged followers to “cancel Netflix.” While analysts doubt lasting damage, the pullback shows how market sentiment can shift quickly.

Currencies

USD: Down (0.07%), $0.7166

GBP: Down (0.09%), $0.5324

EUR: Down (0.13%), $0.6106

JPY: Up (0.02%), ¥105.508

Bitcoin: Up (0.46%), US$119,203.50

(Conversion to C$1)

Commodities

Copper: Up (1.05%), 4.9679

Gold: Up (0.63%), 3,889.99

WTI: Down (0.99%), 61.42

Natural Gas: Up (0.84%), 3.453

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