Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX is down 0.54%, while the TSX Venture Index is down 2.54%, as Canadian equities track a global tech pullback despite a rebound in select mega‑caps. U.S. markets opened mixed, with the S&P 500 up 0.16% and the Dow rising 0.13%, while the Nasdaq gained 0.37% as bargain hunters stepped into battered tech names following days of selling. The FTSE 100 rose 1.10% as European markets found support in financials and energy.

Commodities were mixed ahead of the Fed minutes. Gold climbed nearly 1.8%, silver firmed, and copper ticked higher. Oil rose more than 1.7% as traders assessed Iran‑U.S. tensions, while natural gas slipped slightly. Bitcoin eased 0.21% in CAD terms after a week of volatility tied to shifting institutional flows and geopolitical risk.

Market numbers

TSX: Down (‑0.54%), 32,896.5

TSXV: Down (‑2.54%), 966.75

DOW: Up (+0.13%), 49,613.2

NASDAQ: Up (+0.37%), 24,735.7

FTSE 100: Up (+1.10%), 10,685.11

In the headlines

  • Alphabet bounces after steep selloff: Alphabet (TSX:GOOG) — the parent company of Google and one of the world’s largest digital advertising and AI platforms — saw its stock rebound after sliding 15% over recent sessions. Traders highlighted a potential double‑bottom pattern as bargain hunters returned to the mega‑cap tech name.
  • Amazon approaches bear‑market territory: Amazon (TSX:AMZN) — the global e‑commerce, cloud computing, and digital services giant — is nearing a bear‑market decline after nine consecutive losing sessions. Analysts are assessing whether further downside is ahead as sentiment toward large‑cap tech remains fragile.

Currencies

USD: Down (‑0.23%), $0.7312

GBP: Down (‑0.02%), $0.5399

EUR: Up (+0.05%), $0.61895

JPY: Up (+0.39%), ¥112.859

AUD: Up (+0.21%), $1.0366

Bitcoin (BTC/CAD): Down (‑0.21%), 91,868.8

(Conversion to C$1)

Commodities

Copper: Up (+1.17%), 5.79753

Gold: Up (+1.81%), 4,965.75

WTI: Up (+1.75%), 63.68

Natural Gas: Down (‑0.50%), 2.996

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