Markets opened higher this morning as Canadian and U.S. equities rallied into the holiday week, fueled by optimism around a year-end “Santa rally.” The TSX is up 1%, while the Venture is surging nearly 4%. In the U.S., the Dow and Nasdaq are sharply higher, supported by tech strength and easing rate concerns. London’s FTSE is also in positive territory as global investors position for 2026.
Commodities are in focus with gold punching through $4,400 for a new all-time high, oil rebounding more than 2%, and copper edging higher. Natural gas is weaker, while Bitcoin is trading higher. Headlines today spotlight energy and media, with Baytex outlining a major capital spending plan for 2026 and Netflix refinancing part of Warner Bros’ $59 billion loan.
Market numbers
TSX: Up (+1.00%), 31,755.77
TSXV: Up (+3.81%), 977.98
DOW: Up (+0.38%), 48,134.90
NASDAQ: Up (+1.31%), 25,346.18
FTSE: Up (+0.70%), 9,904.0
In the headlines
- Baytex Plans Big Spend: Baytex Energy (TSX: BTE) announced a $550M–$625M capital spending plan for 2026, focusing on production growth and operational efficiency.
- Netflix Refinances Warner Bros Loan: Netflix (NDAQ: NFLX) has refinanced part of Warner Bros’ $59 billion loan, aiming to strengthen its balance sheet and maintain flexibility for content investments.
Currencies
USD: Up (+0.28%), $0.7261
GBP: Down (-0.17%), $0.5404
EUR: Down (-0.06%), $0.6183
JPY: Down (-0.10%), ¥114.176
AUD: Up (+0.31%), $0.91437
Bitcoin: Up (+1.33%), 123,829.6 CAD
(Conversion to C$1)
Commodities
Copper: Up (+0.32%), $5.51190
Gold: Up (+1.99%), $4,425.16
WTI: Up (+2.15%), $57.945
Natural Gas: Down (-2.85%), $3.926
To stay up-to-date on all of your market news head to Stockhouse.com.
Join the discussion: Find out what everybody’s saying about Netflix and Baytex Energy for December 22nd, 2025, on Stockhouse’s stock forums and message boards.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
