The TSX opened higher Thursday, tracking gains in global markets after the S&P 500 crossed 6,700 to a fresh record. Traders are weighing signs of weakness in U.S. jobs data, which helped push the euro higher against the dollar.
Market watchers are also eyeing big moves in single stocks: newly listed Fermi surged on its IPO, while Netflix shares slid after a social media jab from Elon Musk.
Market numbers
TSX: Up (0.28%), 30,107.67
TSXV: Up (0.33%), 916.25
DOW: Up (0.09%), 46,441.11
NASDAQ: Up (0.49%), 24,800.86
FTSE: Up (1.04%), 9,488.50
In the headlines
- Fermi stock soars on IPO – Shares of newly listed Fermi America LLC (NDAQ:FRMI) jumped 55% on debut, valuing the company at US$14 billion. The strong reception underscores continued appetite for AI-driven growth stories.
- Netflix slides after Musk post – Netflix Inc. (NDAQ:NFLX) dropped 2.4% after Elon Musk urged followers to “cancel Netflix.” While analysts doubt lasting damage, the pullback shows how market sentiment can shift quickly.
Currencies
USD: Down (0.07%), $0.7166
GBP: Down (0.09%), $0.5324
EUR: Down (0.13%), $0.6106
JPY: Up (0.02%), ¥105.508
Bitcoin: Up (0.46%), US$119,203.50
(Conversion to C$1)
Commodities
Copper: Up (1.05%), 4.9679
Gold: Up (0.63%), 3,889.99
WTI: Down (0.99%), 61.42
Natural Gas: Up (0.84%), 3.453
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