The TSX is up 1.49%, while the Venture is up 4.71%, as markets rise on renewed strength in small caps and steady follow‑through from the Dow’s historic push above the 50,000 mark. U.S. markets opened weaker, with the S&P 500 down 0.15%, the Dow down 0.22%, and the Nasdaq sliding more than 0.8% as tech stocks continued to retrace after recent volatility. London’s FTSE 100 also pulled back nearly 0.73% in early trade.
Commodities were mixed, with gold climbing nearly 1% as dip‑buyers returned to the precious‑metals space, while oil edged lower and natural gas slipped just over 2%. Copper held flat. Bitcoin fell sharply—down nearly 2.8%—as the crypto market absorbed another wave of selling, though several reports noted buyers stepping in near the US$70,000 zone. Broader sentiment remained cautious as traders monitored fresh political developments in Japan and renewed tariff‑related tensions.
Market numbers
TSX: Up (+1.49%), 32,470.89
TSXV: Up (+4.71%), 1,015.34
DOW: Down (‑0.22%), 50,005.7
NASDAQ: Down (‑0.82%), 24,980.1
FTSE 100: Down (‑0.73%), 10,328.12
In the headlines
- BYD challenges U.S. tariffs: BYD (PINL:BYDDF) has filed a lawsuit against the U.S. government seeking refunds on tariffs imposed under President Trump’s use of emergency powers. It marks the first legal challenge by a Chinese automaker targeting the IEEPA‑based levies, amid thousands of similar filings from global firms.
- Telus buys new spectrum licences: Telus (TSX:T) acquired additional 3,800 MHz spectrum licences in British Columbia and Alberta for $317.6 million. The purchase came through the federal residual auction, expanding the carrier’s mid‑band holdings as competition intensifies in next‑generation wireless infrastructure.
Currencies
USD: Up (+0.66%), $0.7356
GBP: Up (+0.37%), $0.5389
EUR: Down (‑0.18%), $0.61782
JPY: Down (‑0.39%), ¥114.544
AUD: Down (‑0.09%), $1.0411
Bitcoin (BTC/CAD): Down (‑2.76%), 93,523.4
(Conversion to C$1)
Commodities
Copper: Up (+0.15%), 5.94157
Gold: Up (+0.99%), 5,015.45
WTI: Down (‑0.30%), 63.00
Natural Gas: Down (‑2.21%), 3.145
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