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Market Open: Lingering Tariffs Tip TSX Down |  Thurs, March 6, 2025

Economy, Finance, Market News, Market Summary
06 March 2025 10:05 (EST)

Investors are holding back even with the slight tariff reprieve among the lingering trade war uncertainties.

Market Numbers: (Futures)

TSX : Down (1.00%) 24,622.11
TSXV: Flat (0.00%) 607.75
DOW:  Down  (0.87%)  42,693.00
NASDAQ: Up (1.53%) 20,349.00
FTSE: Down (1.07%) 8,661.80

In the Headlines

In a unified response to escalating trade tensions with the U.S., Canada’s first ministers have agreed to reduce interprovincial trade barriers in hopes of strengthening the country’s domestic economy.

And Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any on Canada in place.

Currencies Update: (Futures)

The loonie continues to weaken across the board, losing 0.07% to $.6963 US, slipping 0.37% against the Euro to $0.6413, and Bitcoin just keeps coming up positive, adding a quick 0.19% to $128,959.60

Commodities: (Future)

Natural Gas: Down (1.73%), 4.37
WTI:  Up (0.25%), 66.47
Gold: Down (0.35%), 2,908.57
Copper:  Up (0.75%) 6.27

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