TSX falls as inflation pressures build. AutoCanada expands, Eli Lilly leads obesity drugs, oil rises, gold slumps, and natural gas surges.
TSX falls as inflation pressures build. AutoCanada expands, Eli Lilly leads obesity drugs, oil rises, gold slumps, and natural gas surges.

The TSX is lower this morning, while the TSX Venture Index is also slipping, as Canadian markets soften amid renewed trade and geopolitical uncertainty. U.S. markets are firmer, with gains in both the Dow and Nasdaq as investors continue to rotate into select growth and technology names despite volatility tied to tariffs and Middle East tensions. In London, the FTSE 100 is higher, reflecting relative resilience across U.K. equities.

Commodities are mixed. Oil prices are moving higher again as supply risks re‑enter the conversation, while gold is rebounding as investors balance risk‑on positioning with hedging demand. Copper is rallying strongly on infrastructure and electrification optimism, natural gas is edging higher, and Bitcoin is modestly lower in Canadian‑dollar terms after a strong recent run.

Market numbers

TSX: Down (‑0.37%), 33,856.62

TSXV: Down (‑0.16%), 994.28

DOW: Up (+0.61%), 49,833.9

NASDAQ: Up (+0.93%), 28,764.4

FTSE 100: Up (+0.68%), 10,265.96

In the headlines

  • Rocket Lab rebounds after strong quarter: Rocket Lab (NDAQ:RKLB) — the space‑launch and satellite‑systems company — turned higher after posting a double earnings beat and reporting sharply improved gross profits. Investors welcomed signs of improving margins and execution across both launch and space‑systems segments.
  • CoreWeave cracks on weak guidance: CoreWeave (NDAQ:CRWV) — the AI‑focused cloud‑infrastructure provider — dropped about 10% after issuing weaker‑than‑expected guidance. The pullback reflects growing investor sensitivity to spending discipline and near‑term demand visibility across the AI compute space.
  • HawkEye 360 jumps in market debut: HawkEye 360 (NYSE:HAWK) — a space‑based radio‑frequency intelligence company — surged roughly 30% in its public‑market debut. The IPO highlights continued investor appetite for specialized space and defense‑linked technology platforms.

Currencies

USD: Down (‑0.29%), $0.7295

GBP: Down (‑0.78%), $0.5355

EUR: Down (‑0.70%), $0.61989

JPY: Down (‑0.52%), ¥114.257

AUD: Down (‑0.79%), $1.0075

Bitcoin (BTC/CAD): Down (‑0.24%), 109,136.9

(Conversion to C$1)

Commodities

Copper: Up (+2.66%), 6.29676

Gold: Up (+0.85%), 4,727.06

WTI: Up (+1.26%), 96.26

Natural Gas: Up (+1.36%), 2.827

To stay up-to-date on all of your market news head to Stockhouse.com.

Join the discussion: Find out what everybody’s saying about Rocket Lab and CoreWeave for May 8th, 2026, on Stockhouse’s stock forums and message boards.


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