The TSX is up 0.82%, while the Venture is down 1.94%, as investors navigate a mixed open driven by big tech earnings momentum and fresh volatility across commodities. U.S. markets were similarly uneven, with the Dow edging slightly lower, the S&P 500 inching higher, and the Nasdaq flat as traders weighed upbeat sentiment around AI-linked names like Palantir against concerns tied to growth and valuations. London’s FTSE 100 slipped nearly one percent in early trade.
Commodity markets staged a partial rebound after days of intense selling pressure. Gold surged more than 5% alongside a broader bounce in precious metals as buyers stepped back in following the historic rout. Oil gained modestly, natural gas jumped over 4%, and copper advanced in early trade. Bitcoin, meanwhile, slipped more than half a percent as its weak rebound stalled and options markets pointed to continued caution.
Market numbers
TSX: Up (+0.82%), 32,183.88
TSXV: Down (‑1.94%), 1,030.67
DOW: Down (‑0.07%), 49,336.1
NASDAQ: Down (‑0.01%), 25,832.8
FTSE 100: Down (‑0.98%), 10,232.77
In the headlines
- Alphabet hits record as traders pile in: Alphabet (TSX:GOOG) shares climbed 1.5% pre‑market to $350, marking a new all‑time high and valuing the company near $4.2 trillion. The rally comes as traders ramp up long bets ahead of earnings, pushing the search giant closer to Nvidia’s market‑cap dominance.
- PayPal slumps on weak profit outlook: PayPal (TSX:PYPL) projected 2026 profit below analyst estimates and reported softer‑than‑expected fourth‑quarter results, sending shares tumbling nearly 16% in premarket trading. The company also named HP’s Enrique Lores as its new CEO as the board cited concerns with the pace of execution under current leadership.
Currencies
USD: Flat (+0.04%), $0.7308
GBP: Up (+0.09%), $0.5349
EUR: Up (+0.11%), $0.62064
JPY: Up (+0.31%), ¥114.094
AUD: Down (‑0.65%), $1.0447
Bitcoin (BTC/CAD): Down (‑0.52%), 107,115.2
(Conversion to C$1)
Commodities
Copper: Up (+3.66%), 6.08953
Gold: Up (+5.19%), 4,902.68
WTI: Up (+1.09%), 62.18
Natural Gas: Up (+4.25%), 3.308
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