The TSX is up 0.15%, while the Venture is down 0.46% as global markets react to escalating trade tensions and mixed earnings. U.S. indices are sharply lower, with the Dow down 0.65% and the Nasdaq off 0.64% as investors rotate out of risk assets amid tariff concerns tied to Greenland.
Commodities are in focus as gold surged past $4,700 on safe-haven demand, while natural gas spiked over 10% on supply concerns. Oil eased slightly, and Bitcoin tumbled more than 2% as traders sought safety. Currency markets saw the U.S. dollar slide for a second day, while the yen firmed ahead of key central bank decisions.
Market numbers
TSX: Up (+0.15%), 33,090.96
TSXV: Down (–0.46%), 1,086.12
DOW: Down (–0.65%), 48,643.1
NASDAQ: Down (–0.64%), 25,062.6
FTSE: Down (–0.96%), 10,083.97
In the headlines
- 3M Stock Drops After Earnings: 3M (NYSE:MMM) shares fell about 4% despite beating Q4 earnings expectations, as tariff risks and litigation costs weighed on sentiment.
- Big Tech Retreats on Trade Tensions: Major tech names including Apple (TSX:AAPL), Nvidia (TSX:NVDA), and Microsoft (TSX:MSFT) slid as investors fled riskier assets amid renewed tariff fears and geopolitical uncertainty.
Currencies
USD: Up (+0.29%), 0.7227
GBP: Up (+0.15%), 0.5374
EUR: Down (–0.42%), 0.61651
JPY: Up (+0.12%), 114.153
AUD: Up (+0.05%), 1.0739
Bitcoin (BTC/CAD): Down (–2.27%), 125,548.0
(Conversion to C$1)
Commodities
Copper: Down (–1.73%), 5.83571
Gold: Up (+1.54%), 4,743.08
WTI: Down (–0.19%), 59.18
Natural Gas: Up (+10.64%), 3.952
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