Markets were mostly steady today as the TSX led the way while U.S. markets traded flat to slightly lower. The TSX climbed 0.99% and the TSX Venture Index gained 0.20%, while the Nasdaq was flat, up 0.00%, and the Dow slipped 0.25%. The FTSE 100 eased 0.12% as traders leaned into risk and fears of a rate hike continued to fade.
Oil fell 1.61% even as Middle East oil exports returned to pre-war levels, excluding Iran, while gold edged up 0.14% and copper gained 0.62%. Bitcoin slipped 0.49% to above C$122,000. The euro hit a 17-month low against the U.S. dollar as France’s debt fears deepened, while a DBS report argued that Nvidia’s valuations show the AI rally isn’t a bubble.
Market numbers
TSX: Up (+0.99%) 35,502.65
TSXV: Up (+0.20%) 880.57
DOW: Down (-0.25%) 51,063.2
NASDAQ: Flat (+0.00%) 30,905.7
FTSE 100: Down (-0.12%) 10,483.70
In the headlines
- Cenovus to buy Athabasca Oil at $4 billion valuation: Cenovus Energy (TSX:CVE), the integrated Canadian oil and gas company, agreed to acquire Athabasca Oil (TSX:ATH), the oil producer focused on Alberta thermal and light oil assets, in a deal valuing the target at $4 billion. The acquisition continues consolidation across the Canadian energy sector.
- Cerebras pops after OpenAI’s Altman lauds “close partner”: Cerebras Systems (NASDAQ:CBRS), the AI chipmaker known for its wafer-scale processors, saw its stock rise after OpenAI CEO Sam Altman praised the company as a close partner. The comments reinforce investor interest in alternative AI hardware suppliers.
- Suncor sells Newfoundland offshore stakes to Ithaca Energy: Suncor Energy (TSX:SU), the integrated Canadian energy company, is selling its stakes in several Newfoundland offshore oil projects to Ithaca Energy, the UK-based oil and gas producer. The sale of non-core assets lets Suncor sharpen its focus on its core operations.
Currencies
USD: Down (-0.10%) $0.7008
GBP: Up (+0.23%) $0.5308
EUR: Up (+0.44%) $0.62642
JPY: Up (+0.17%) ¥110.971
AUD: Down (-0.10%) $1.0078
Bitcoin (BTC/CAD): Down (-0.49%) 122,630.2
(Conversion to C$1)
Commodities
Copper: Up (+0.62%) 6.66167
Gold: Up (+0.14%) 4,146.31
WTI: Down (-1.61%) 88.01
Natural Gas: Down (-0.79%) 3.001
To stay up-to-date on all of your market news head to Stockhouse.com.
Join the discussion: Find out what everybody’s saying about Cenovus and Suncor on October 5th, 2026, on Stockhouse’s stock forums and message boards.
