The TSX saw modest growth on Thursday, supported by gains in the materials sector as gold prices climbed following a weaker-than-expected US employment report, which reduced expectations for further interest rate increases. Meanwhile, the S&P Global Canada Manufacturing PMI remained largely stable at 53.0 in June 2026, compared with 52.9 in May.
US employers added 57,000 jobs in June, falling short of the 115,000-increase forecast. Despite the softer job growth, the unemployment rate edged down to 4.2 per cent from 4.3 per cent, exceeding expectations that it would remain unchanged. US stock markets delivered mixed results as investors assessed the implications of the weaker-than-anticipated nonfarm payrolls data.
| TSX | 34,966.67 | +109.68 |  |
| TSXV | 914.38 | +17.48 | |
| CSE | 159.24 | -0.58 |  |
| DJIA | 52,900.07 | +594.83 | |
| NASDAQ | 25,832.67 | -207.36 | |
| S&P 500 | 7,483.24 | +0.01 | |
The Canadian dollar traded for 70.48 cents US compared to 70.50 cents US on Tuesday.
US crude futures traded $0.09 lower at US$68.49 a barrel, but the Brent contract rose $0.06 to US$71.60 a barrel.
The price of gold was up US$45.77 to US$4,113.99.
In world markets, the Nikkei was down 1,741.81 points to ¥68,733.15, the Hang Seng was up 174.01 points to HK$23,055.03, the FTSE was up 206.17 points to ₤10,684.51, and the DAX was up 540.60 points to €24,580.88.
