TSX futures managed a slight gain early Friday, driven by the first deals emerging from Trump’s tariff regime and investors’ growing comfort with returning from the sidelines.
Market Numbers (Futures)
TSX: Up (0.16%), 25,897.48
TSXV: Up (1.34%), 667.45
DOW: Up (0.33%), 42,526
NASDAQ: Up (0.39%), 21,481
FTSE: Up (0.39%), 8,683
In the Headlines:
Hudson’s Bay, Canada’s oldest company and one of its top department store brands, is now owned by another familiar name, Canadian Tire. The retail and services provider will pay $30 million for a majority of The Bay’s intellectual property.
Additionally, oil and gas producer Strathcona revealed plans for a $5.93-billion hostile takeover of MEG Energy, which would elevate the resulting company in to the fifth spot among Canada’s largest oil producers.
Currencies Update (Futures)
The Canadian dollar rose to US$0.7172, up from US$0.7145 on Thursday, while the Euro sits unchanged at US$1.12. Bitcoin, for its part, is up by 1.31% to C$144,760.42, retracing most of Thursday’s 1.68 per cent loss.
Commodities (Futures)
Natural Gas: Down (1.28%), US$3.31
WTI: Down (0.59%), US$61.81
Gold: Down (2.41%), US$3,177.70
Copper: Down (1.54%), US$4.61
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