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

The TSX is down 0.84%, while the TSX Venture Index is down 2.70%, as Canadian markets react sharply to a weak jobs report showing Canada lost 84,000 positions in February, pushing unemployment to 6.7%. The Dow gained 0.63% and the Nasdaq rose 0.57% as U.S. markets attempted to rebound from Thursday’s tech-led rout, though traders remain cautious following oil’s best day since the early COVID era and fresh warnings about global economic fragility.

Oil continues to dominate sentiment after wild intraday swings toward US$120 earlier in the week, before pulling back to the mid‑$90s as Middle East tensions and shifting supply expectations drive extreme volatility. Gold climbed as traders remained on high alert, while copper edged lower. Bitcoin topped US$72,000 before moderating, trading higher in Canadian-dollar terms as crypto markets diverged from traditional asset stress.

Market numbers

TSX: Down (‑0.84%), 32,840.60

TSXV: Down (‑2.70%), 1,047.05

DOW: Up (+0.63%), 47,021.0

NASDAQ: Up (+0.57%), 24,654.0

FTSE 100: Up (+0.49%), 10,336.74

In the headlines

  • Lucid stock drifts after product reveal: Lucid Group (NDAQ:LCID) — the U.S. luxury EV manufacturer known for the Lucid Air and high‑efficiency battery systems — saw shares slip following its latest product unveiling. The company emphasized long‑term ambitions in robotaxis and positive future cash‑flow potential, but investors reacted cautiously amid competitive EV pressures.
  • Adobe sinks after longtime CEO steps down: Adobe (NDAQ:ADBE) — the global creative‑software and digital‑media leader behind Photoshop, Premiere, and Acrobat — fell 8% despite reporting solid earnings. The departure of its longtime CEO overshadowed results as traders weighed leadership transition risks at a critical moment for AI‑driven product strategy.

Currencies

USD: Down (‑0.49%), $0.7294

GBP: Up (+0.09%), $0.5495

EUR: Down (‑0.22%), $0.63571

JPY: Down (‑0.55%), ¥116.230

AUD: Up (+0.09%), $1.0354

Bitcoin (BTC/CAD): Up (+4.32%), 100,340.4

(Conversion to C$1)

Commodities

Copper: Down (‑0.14%), 5.82679

Gold: Up (+0.51%), 5,105.73

WTI Crude: Up (+9.07%), 96.20

Natural Gas: Down (‑2.30%), 3.169

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