The TSX is down 3.31%, while the Venture is lower by 5.16%, as global markets react to another wave of selling in commodities and renewed pressure on resource‑heavy names. U.S. markets are more stable, with the Dow essentially flat, the S&P 500 slightly lower, and the Nasdaq modestly higher as traders weigh tech volatility, M&A headlines, and shifting geopolitical risks. London’s FTSE 100 is up nearly one percent in early trade.
A broad commodities rout continues to shape sentiment. Gold is down more than 3%, copper is weaker, and oil is plunging over 5% as easing Iran tensions and a wider pullback in raw materials weigh on the energy complex. Silver’s steep slide, highlighted in fresh reports, is adding to pressure across the metals space, while Bitcoin has bounced nearly 2% but remains locked in a broader downtrend after hitting its lowest levels since the 2025 tariff cycle.
Market numbers
TSX: Down (‑3.31%), 31,923.52
TSXV: Down (‑5.16%), 1,051.08
DOW: Down (‑0.09%), 48,815.0
NASDAQ: Up (+0.36%), 25,510.1
FTSE 100: Up (+0.95%), 10,327.98
In the headlines
- Eldorado to acquire Foran Mining: Eldorado Gold Corp. (TSX:ELD) has agreed to acquire Foran Mining (TSX:FOM) in a deal that values the company at $3.8 billion, creating a larger gold and copper growth platform. CEO George Burns says the combination brings a portfolio of long‑life assets, exploration upside, and expanded exposure to critical minerals across multiple jurisdictions.
- Devon and Coterra in $58B shale merger: Devon Energy (NYSE:DVN) and Coterra Energy (NYSE:CTRA) will merge in an all‑stock transaction valued at $58 billion, marking one of the biggest U.S. oil and gas deals in years. Shares in both producers fell in premarket trading as investors evaluated integration risks and the outlook for shale amid heightened sector volatility.
Currencies
USD: Down (‑0.37%), $0.7312
GBP: Down (‑0.04%), $0.5360
EUR: Down (‑0.02%), $0.61947
JPY: Up (+0.04%), ¥113.688
AUD: Down (‑0.11%), $1.0529
Bitcoin (BTC/CAD): Up (+1.98%), 107,043.6
(Conversion to C$1)
Commodities
Copper: Down (‑2.59%), 5.84819
Gold: Down (‑3.47%), 4,722.05
WTI: Down (‑5.18%), 61.46
Natural Gas: Down (‑2.79%), 3.557
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