Markets edge higher as SpaceX secures a $75B IPO raise and Dollarama beats sales estimates. TSX climbs, oil stabilizes and Bitcoin slips.
Markets edge higher as SpaceX secures a $75B IPO raise and Dollarama beats sales estimates. TSX climbs, oil stabilizes and Bitcoin slips.

Markets are mixed but leaning positive as equities continue to push record territory, supported by strong corporate earnings and ongoing IPO momentum. The TSX is firmly higher, while the TSX Venture Index is also advancing as risk appetite returns to small‑cap names. In the U.S., markets are uneven, with the Dow pulling back slightly while the Nasdaq manages modest gains as investors stay focused on AI‑driven growth.

Commodities and crypto are diverging. Oil prices are climbing again as geopolitical tensions keep supply risks elevated, while gold is under pressure as investors rotate toward equities. Copper is weaker, natural gas is slipping, and Bitcoin is notably lower in Canadian‑dollar terms as liquidity flows continue shifting toward stocks during this record‑breaking run.

Market numbers

TSX: Up (+1.25%), 35,169.46

TSXV: Up (+0.77%), 1,033.10

DOW: Down (‑0.48%), 51,111.8

NASDAQ: Up (+0.05%), 30,674.5

FTSE 100: Down (‑0.17%), 10,364.85

In the headlines

  • GameStop jumps after record profits and revenue surge: GameStop (NYSE:GME) — the video‑game retailer turned e‑commerce and digital platform — rose after reporting record profits and a sharp revenue spike. The results signal improved execution and renewed investor confidence in the company’s transformation strategy.
  • Meta launches enterprise AI automation tools: Meta Platforms (TSX:META) — the social‑media and digital‑advertising giant — unveiled a new enterprise‑focused AI “business agent” designed to automate daily operations. The move highlights Meta’s push to expand beyond consumer applications into enterprise AI software.

Currencies

USD: Down (‑0.24%), $0.7207

GBP: Up (+0.06%), $0.5365

EUR: Up (+0.04%), $0.62153

JPY: Down (‑0.19%), ¥115.356

AUD: Up (+0.26%), $1.0085

Bitcoin (BTC/CAD): Up (+0.39%), 92,712.6

(Conversion to C$1)

Commodities

Copper: Down (‑1.93%), 6.58186

Gold: Down (‑0.89%), 4,447.92

WTI: Up (+1.33%), 91.60

Natural Gas: Down (‑0.16%), 3.162

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 Meta and GameStop on June 3rd, 2026, on Stockhouse’s stock forums and message boards.


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