TSX rises as Scotiabank and BMO deliver strong earnings. Nvidia enters earnings week under pressure while oil, gold and bitcoin remain in focus.
TSX rises as Scotiabank and BMO deliver strong earnings. Nvidia enters earnings week under pressure while oil, gold and bitcoin remain in focus.

The TSX is up 0.43%, while the TSX Venture Index is sharply higher by 2.76%, as Canadian equities push higher following optimism tied to an extended Iran ceasefire and renewed risk‑on positioning. U.S. markets are slightly weaker, with the Dow down 0.13% and the Nasdaq off 0.25%, as Wall Street pauses after recently setting fresh records. In Europe, the FTSE 100 is lower by 0.40%, reflecting more cautious sentiment overseas.

Commodities are mixed. Oil is climbing again, up nearly 1.7%, as energy markets balance ceasefire optimism against ongoing supply risk. Gold is slipping modestly, down 0.21%, while copper is under pressure. Natural gas is rallying more than 2%, and Bitcoin is lower in Canadian‑dollar terms, down just over 0.5%, as crypto consolidates after a strong run.

Market numbers

TSX: Up (+0.43%), 33,955.11

TSXV: Up (+2.76%), 1,050.86

DOW: Down (‑0.13%), 49,242.7

NASDAQ: Down (‑0.25%), 26,873.2

FTSE 100: Down (‑0.40%), 10,433.79

In the headlines

  • IBM slides despite double earnings beat: IBM (TSX:IBM), the global enterprise‑technology and consulting company, fell after delivering a double beat on earnings and revenue but issuing weaker‑than‑expected forward guidance. Investors focused on slower growth expectations in its software and services businesses.
  • Tesla dips after revenue miss and heavy capex: Tesla (TSX:TSLA), the electric‑vehicle and clean‑energy manufacturer led by Elon Musk, slipped after narrowly missing revenue expectations and outlining high capital‑expenditure plans. While profits surged 136%, investors remain cautious about growth and spending discipline.

Currencies

USD: Down (‑0.09%), $0.7307

GBP: Up (+0.04%), $0.5419

EUR: Up (+0.07%), $0.62526

JPY: Down (‑0.04%), ¥116.602

AUD: Up (+0.16%), $1.0231

Bitcoin (BTC/CAD): Down (‑0.56%), 106,437.2

(Conversion to C$1)

Commodities

Copper: Down (‑1.08%), 6.12425

Gold: Down (‑0.21%), 4,730.20

WTI: Up (+1.68%), 92.87

Natural Gas: Up (+2.42%), 2.788

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