The TSX is up 0.72%, and the TSX Venture Index is higher by 1.29% as markets react to political and regulatory headlines. The DOJ’s criminal probe into Fed Chair Jay Powell shook futures earlier, but equities stabilized as investors assessed the impact on monetary policy. Gold surged past $4,600 on safe-haven demand, while the euro jumped to $1.17 against the dollar amid Fed uncertainty.
Commodities and currencies reflected the volatility: oil held near $58 as traders monitored geopolitical risks, while copper rallied on industrial optimism. Bitcoin slipped, and the Canadian dollar strengthened against the U.S. dollar but weakened versus the pound and euro.
Market numbers
TSX: Up (+0.72%), 32,612.93
TSXV: Up (+1.29%), 1,052.18
DOW: Up (+0.48%), 49,504.08
NASDAQ: Up (+1.02%), 25,766.26
FTSE: Up (+0.85%), 10,112.0
In the headlines
- Lululemon Raises Guidance: Lululemon (NDAQ:LULU) expects Q4 sales and EPS to hit the high end of its forecast, signaling strong holiday demand and margin strength.
- Credit Card Stocks Under Pressure: Capital One (NYSE:COF) and American Express (NYSE:AXP) shares fell after Donald Trump proposed a 10% cap on credit card fees, sparking concerns over revenue impact.
Currencies
USD: Up (+0.28%), $0.7203
GBP: Down (-0.28%), $0.5343
EUR: Down (-0.19%), $0.6163
JPY: Up (+0.28%), ¥113.758
AUD: Up (+0.14%), $0.93155
Bitcoin (BTC/CAD): Down (-0.63%), $125,477.9
(Conversion to C$1)
Commodities
Copper: Up (+1.85%), $6.0264
Gold: Up (+2.09%), $4,604.00
WTI: Up (+0.05%), $58.827
Natural Gas: Down (-0.96%), $3.208
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 Lululemon and Capital One for January 12th, 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.