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

The TSX is up 0.18%, while the TSX Venture Index is higher by 0.93%, as Canadian markets advance alongside a broad global relief rally driven by hopes of de‑escalation in the Middle East. U.S. equities are also moving higher, with the Dow up 0.57% and the Nasdaq gaining 0.18%, as investors respond to falling oil prices and renewed optimism around potential U.S.–Iran talks. The FTSE 100 is up nearly one percent, reflecting improved risk appetite across European markets.

Commodities are central to the day’s narrative. Oil has slipped back below the $100 mark, easing inflation fears after last week’s surge, while gold is rebounding sharply, up more than 2%, as traders reposition after recent volatility. Copper is slightly lower, natural gas is down modestly, and Bitcoin is pushing higher, up nearly 2% in Canadian‑dollar terms, as crypto markets respond positively to stabilizing macro conditions.

Market numbers

TSX: Up (+0.18%), 31,941.59

TSXV: Up (+0.93%), 938.98

DOW: Up (+0.57%), 46,666.0

NASDAQ: Up (+0.18%), 24,247.7

FTSE 100: Up (+0.85%), 10,091.13

In the headlines

  • GameStop stock flat after weak quarter: GameStop (NYSE:GME) — the U.S. video‑game retailer turned meme‑stock phenomenon — traded little changed despite reporting a quarterly sales decline and highlighting exposure to Bitcoin volatility. Investors appeared largely indifferent as the company continues to search for a sustainable long‑term business strategy.
  • Aecon joint venture lands Washington dam project: Aecon (TSX:ARE) — the Canadian construction and infrastructure firm — announced that its joint venture has finalized a major dam‑project contract in Washington state. The deal strengthens Aecon’s U.S. infrastructure footprint and adds to its long‑term project backlog.

Currencies

USD: Down (‑0.17%), $0.7255

GBP: Up (+0.05%), $0.5419

EUR: Up (+0.07%), $0.62630

JPY: Up (+0.08%), ¥115.394

AUD: Up (+0.32%), $1.0421

Bitcoin (BTC/CAD): Up (+1.87%), 98,968.2

(Conversion to C$1)

Commodities

Copper: Down (‑0.12%), 5.55493

Gold: Up (+2.10%), 4,568.25

WTI Crude: Up (+2.75%), 93.50

Natural Gas: Down (‑0.52%), 2.871

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