The TSX is up 0.16%, while the TSX Venture Index is higher by 0.32%, as Canadian markets edge higher amid improving global risk sentiment. U.S. markets are mixed, with the Dow up 0.16%, while the Nasdaq is slightly lower, down 0.08%, as traders digest record highs in major indexes alongside lingering geopolitical uncertainty. In Europe, the FTSE 100 is outperforming, up 0.67%, reflecting stronger risk appetite overseas.
Commodities are leaning constructive. Oil is moving higher again, up 1.82%, as traders reassess Middle East risks despite easing war fears. Gold is rebounding, up 0.55%, supported by a softer dollar and renewed demand after recent volatility. Copper is modestly higher, natural gas is climbing, and Bitcoin is slightly lower in Canadian‑dollar terms as crypto consolidates after a strong run above US$75,000.
Market numbers
TSX: Up (+0.16%), 34,155.99
TSXV: Up (+0.32%), 1,043.31
DOW: Up (+0.16%), 48,577.5
NASDAQ: Down (‑0.08%), 26,206.7
FTSE 100: Up (+0.67%), 10,625.85
In the headlines
- Allbirds rockets on last‑ditch AI pivot: Allbirds (NDAQ:BIRD) — the sustainable footwear brand once known for eco‑friendly shoes — surged an eye‑popping 583% after announcing a dramatic pivot away from footwear and toward AI‑focused operations just days before a planned wind‑down. Traders piled into the stock despite deep questions about the company’s long‑term viability.
- Stellantis and Microsoft strike five‑year AI partnership: Stellantis (NYSE:STLA) — the global automaker behind Jeep, Ram, Fiat, and Chrysler — signed a five‑year partnership with Microsoft (TSX:MSFT), the software and cloud‑computing giant, to accelerate AI deployment across vehicle software, manufacturing, and connected‑services platforms.
- Rogers expands satellite coverage into the U.S.: Rogers Communications (TSX:RCI.A) — one of Canada’s largest telecom providers — announced its satellite‑to‑phone coverage will expand into the United States through a partnership with T‑Mobile. The move extends Rogers’ reach in emergency connectivity and next‑generation wireless services.
Currencies
USD: Up (+0.18%), $0.7288
GBP: Up (+0.24%), $0.5381
EUR: Up (+0.41%), $0.61927
JPY: Up (+0.26%), ¥116.002
AUD: Up (+0.10%), $1.0163
Bitcoin (BTC/CAD): Down (‑0.58%), 102,208.4
(Conversion to C$1)
Commodities
Copper: Up (+0.15%), 604.54
Gold: Up (+0.55%), 4,817.01
WTI Crude: Up (+1.82%), 89.60
Natural Gas: Up (+1.66%), 2.637
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