The markets opened mixed as investors weighed labor data and sector rotation. The TSX advanced 0.76%, supported by strength in mining stocks, while the Venture added 0.25%. In the U.S., the Dow climbed 0.55% as traders rotated out of tech ahead of the jobs report, while the Nasdaq fell 0.57%. The FTSE slipped 0.16% to amid global uncertainty.
Commodities were in focus as WTI crude rose 0.73% to $58.89, holding its biggest gain since October amid escalating Iran protests. Gold firmed 0.32%, and copper surged 1.60%, signaling optimism in industrial metals. Natural gas dropped 2.36%, while Bitcoin weakened 0.57% to $125,382.6 CAD. Currency markets saw the yen strengthen as speculation grows that interest rates will remain flat.
Market numbers
TSX: Up (+0.76%), 32,378.64
TSXV: Up (+0.25%), 1,038.78
DOW: Up (+0.55%), 49,266.12
NASDAQ: Down (-0.57%), 25,507.10
FTSE: Down (-0.16%), 10,026.5
In the headlines
- Rio Tinto & Glencore Merger Talks: Rio Tinto (NYSE:RIO) and Glencore (PINL:GLCNF) are in discussions to create the world’s largest mining company, a move that could reshape global resource markets and strengthen supply chains.
- Meta’s Nuclear Energy Bet: Meta (TSX:META) has signed multi-gigawatt nuclear power deals to fuel its AI data centers, signaling a major shift toward clean energy for tech infrastructure.
Currencies
USD: Down (-0.17%), $0.7200
GBP: Flat (0.00%), $0.5362
EUR: Flat (0.00%), $0.6184
JPY: Up (+0.51%), ¥113.707
AUD: Down (-0.05%), $0.92774
Bitcoin (BTC/CAD): Down (-0.57%), $125,382.6
(Conversion to C$1)
Commodities
Copper: Up (+1.60%), $5.9249
Gold: Up (+0.32%), $4,492.51
WTI: Up (+0.73%), $58.885
Natural Gas: Down (-2.36%), $3.344
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