Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX is up 0.34%, while the TSX Venture Index is down 0.35% as global markets digest upbeat earnings and trade developments. U.S. indices are modestly higher, with the Nasdaq leading gains on optimism around tech and banking results, while the S&P 500 added 0.22% after strong reports from chipmakers and financials.

Commodities remain mixed: oil clawed back losses, rising over 1.7% on geopolitical risks tied to Iran, while gold steadied near $4,600 after its record run paused. Copper and natural gas are under pressure, and Bitcoin eased slightly after recent volatility.

Market numbers

TSX: Up (+0.34%), 33,028.92

TSXV: Down (–0.35%), 1,086.54

DOW: Up (+0.06%), 49,468.5

NASDAQ: Up (+0.43%), 25,695.5

FTSE: Up (+0.02%), 10,226.09

In the headlines

  • Ford & BYD Explore Battery Partnership: Ford (TSX:F) is reportedly in talks with Chinese EV giant BYD (PINL:BYDDF) to supply batteries for hybrid vehicles as the automaker pivots from slowing EV demand. BYD shares jumped on the news.
  • Canada Cuts Tariffs on Chinese EVs: Canada agreed to reduce its 100% tariff on Chinese electric vehicles in exchange for lower tariffs on Canadian farm exports, including canola seeds, signaling a major trade shift.

Currencies

USD: Down (–0.06%), 0.7189

GBP: Down (–0.20%), 0.5364

EUR: Down (–0.11%), 0.61931

JPY: Down (–0.42%), 113.703

AUD: Up (+0.03%), 1.0744

Bitcoin (BTC/CAD): Down (–0.12%), 132,582.1

(Conversion to C$1)

Commodities

Copper: Down (–2.66%), 5.86184

Gold: Down (–0.28%), 4,603.05

WTI: Up (+1.72%), 59.76

Natural Gas: Down (–2.65%), 3.083

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 Ford and BYD for January 16th, 2026, on Stockhouse’s stock forums and message boards.

Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.


More From The Market Online

@ the Bell: TSX reaches new highs despite oil weakness

Despite a muted performance among the broader market, the TSX climbed to a new historic high...

Alchemy signs development deal to camouflage Canadian troops

Alchemy Labs signs a contract to deploy its Crypsis thermal signature management technology into products for the Canadian defense market.
TSX and Nasdaq rise as Nebius jumps on AI demand. Air Canada cuts guidance, Cerebras falls, oil drops, gold slips and Bitcoin edges higher.

Market Open: Nebius Soars on AI Demand, Air Canada Cuts Guidance as Fuel Costs Bite | Aug 13th

TSX and Nasdaq rise as Nebius jumps on AI demand. Air Canada cuts guidance, Cerebras falls, oil drops, gold slips and Bitcoin edges higher.