Canada’s main stock index climbed to another record high on Thursday, driven by gains in several tech stocks after TSMC (NYSE:TSM) reported strong earnings and closed up 4.49 per cent. However, the sector lagged as a whole, along with energy and mining shares, as declining oil and precious‑metal prices weighed on the sectors. Prime Minister Mark Carney signed off on an agreement to co-operate more with China on clean and conventional energy.
On Wall Street, major US indices rebounded after two days of losses, boosted by a surge in chipmakers. The rally followed upbeat guidance from TSMC—the world’s leading producer of advanced AI chips—which projected solid annual growth and signalled plans for additional US manufacturing capacity. Investors also reviewed quarterly results from Goldman Sachs (NYSE:GS) (up 4.54 per cent) and Morgan Stanley (NYSE:MS) (up 5.78 per cent) as the big‑bank earnings season came to a close.
| TSX | 33,028.92 | +112.45 |  |
| TSXV | 1,086.54 | -3.79 |  |
| CSE | 187.07 | -0.06 | |
| DJIA | 49,442.44 | +292.81 | |
| NASDAQ | 23,530.02 | +58.27 | |
| S&P 500 | 6,926.60 | +17.87 | |
The Canadian dollar traded for 71.98 cents US compared to 72.02 cents US on Wednesday.
US crude futures traded US$2.96 lower at US$59.06 a barrel, and the Brent contract lost US$1.23 to US$63.63 a barrel.
The price of gold was down US$24.39 to US$4,604.02.
In world markets, the Nikkei was down 230.73 points to ¥54,110.50, the Hang Seng was down 76.19 points to HK$26,923.62, the FTSE was up 61.28 points to ₤10,245.63, and the DAX was up 66.15 points to €25,352.39.
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