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

The TSX is up 0.46%, while the TSX Venture Index surged 3.61% as Canadian retail sales data and commodity strength buoy sentiment. U.S. markets are mixed: the Dow slipped 0.39% and the Nasdaq eased 0.15% after Intel’s disappointing guidance overshadowed strong earnings, while traders digested geopolitical headlines and a safe-haven bid for gold.

Commodities are in focus as oil jumped over 2% on supply concerns, natural gas surged nearly 8%, and copper gained almost 2%. Gold remains near record highs, tracking its best week since 2020, while Bitcoin fell slightly as risk appetite shifted back toward equities.

Market numbers

TSX: Up (+0.46%), 33,002.70

TSXV: Up (+3.61%), 1,134.19

DOW: Down (–0.39%), 49,134.6

NASDAQ: Down (–0.15%), 25,442.0

FTSE: Up (+0.09%), 10,153.48

In the headlines

  • TikTok Finalizes U.S. Entity Deal: TikTok signed agreements with Oracle (TSXV:ORCL), Silver Lake, and MGX to form a new American entity, aiming to avoid a U.S. ban and implement strict data and algorithm safeguards.
  • Intel Stock Drops on Weak Guidance: Intel (TSX:INTC) shares fell 12% after issuing soft Q1 guidance despite strong earnings, citing supply chain challenges and margin pressure.

Currencies

USD: Up (+0.14%), 0.7260

GBP: Flat (0.00%), 0.5367

EUR: Up (+0.26%), 0.61870

JPY: Up (+0.02%), 114.952

AUD: Down (–0.02%), 1.0596

Bitcoin (BTC/CAD): Down (–0.33%), 122,994.2

(Conversion to C$1)

Commodities

Copper: Up (+1.95%), 5.95176

Gold: Up (+0.16%), 4,944.45

WTI: Up (+2.30%), 60.46

Natural Gas: Up (+7.81%), 5.358

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