The TSX is up 0.01%, while the Venture is higher by 0.22%, as investors weigh fresh job‑cut announcements from major tech firms and record‑setting momentum in gold. U.S. stocks are modestly higher, with the Nasdaq up nearly half a percent and the Dow slightly positive as markets continue to digest the latest wave of Big Tech earnings and renewed tariff rhetoric.
Gold surged above US$5,300 overnight as global investors rushed to safety after remarks from President Trump pressured the U.S. dollar to a four‑year low. Oil gained over 2% as supply considerations returned to focus, while natural gas eased. Retail sales in Canada rose 1.3% in November, supporting domestic sentiment.
Market numbers
TSX: Up (+0.01%), 33,096.40
TSXV: Up (+0.22%), 1,142.87
DOW: Up (+0.06%), 49,007.1
NASDAQ: Up (+0.46%), 26,127.5
FTSE: Down (–0.27%), 10,162.80
In the headlines
- Amazon Cuts Thousands of Jobs: Amazon (TSX:AMZN) is eliminating about 16,000 corporate roles in its second major layoff round in three months, with the company looking to generative AI to replace certain corporate functions.
- Agnico Eagle Sells Barsele Stake: Agnico Eagle Mines Limited (TSX:AEM) agreed to sell its majority interest in the Barsele gold project in Sweden to Goldsky Resources (TSXV:GSKR), receiving US$20 million in cash and more than 75 million Goldsky shares.
Currencies
USD: Up (+0.18%), 0.7375
GBP: Up (+0.64%), 0.5349
EUR: Up (+0.80%), 0.61688
JPY: Up (+0.54%), 112.724
AUD: Up (+0.35%), 1.0538
Bitcoin (BTC/CAD): Up (+0.63%), 121,923.5
(Conversion to C$1)
Commodities
Copper: Down (–0.33%), 5.96891
Gold: Up (+1.64%), 5,266.69
WTI: Up (+2.03%), 62.79
Natural Gas: Down (–0.59%), 3.730
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