TSX rises as Scotiabank and BMO deliver strong earnings. Nvidia enters earnings week under pressure while oil, gold and bitcoin remain in focus.
TSX rises as Scotiabank and BMO deliver strong earnings. Nvidia enters earnings week under pressure while oil, gold and bitcoin remain in focus.

The TSX is up 1.15%, while the TSX Venture Index is higher by 1.43%, as Canadian equities extend gains despite renewed uncertainty around the fragile U.S.–Iran ceasefire. U.S. markets are mixed, with the Dow down 0.22% and the Nasdaq essentially flat, down 0.01%, as investors pause after a powerful relief rally earlier in the week. London’s FTSE 100 is under pressure, falling nearly 1%, reflecting lingering global caution.

Commodities are again driving sentiment. Oil prices are moving higher as reports suggest the ceasefire is already being tested, pushing crude up almost 2%. Gold is rebounding strongly, up nearly 1%, as traders hedge geopolitical risk while the U.S. dollar weakens. Copper is modestly higher, natural gas is flat, and Bitcoin is slipping slightly in Canadian‑dollar terms after recent strength.

Market numbers

TSX: Up (+1.15%), 33,620.57

TSXV: Up (+1.43%), 982.58

DOW: Down (‑0.22%), 47,765.6

NASDAQ: Down (‑0.01%), 24,860.9

FTSE 100: Down (‑0.94%), 10,585.77

In the headlines

  • Meta jumps on new AI model rollout: Meta Platforms (TSX:META) — the social‑media and digital‑advertising giant behind Facebook, Instagram, and WhatsApp — surged after unveiling a new AI model designed to close the gap with leading competitors. Investors welcomed the move as a sign Meta is refocusing capital and talent toward core AI capabilities after years of heavy spending elsewhere.
  • BMO launches institute to boost quantum and AI: Bank of Montreal (TSX:BMO) — one of Canada’s Big Six banks — announced plans to open a new institute dedicated to advancing quantum computing and artificial intelligence. The initiative aims to strengthen the bank’s long‑term technology capabilities across risk management, data analytics, and client services.

Currencies

USD: Up (+0.13%), $0.7232

GBP: Down (‑0.05%), $0.5387

EUR: Down (‑0.10%), $0.61871

JPY: Up (+0.39%), ¥114.980

AUD: Up (+0.10%), $1.0259

Bitcoin (BTC/CAD): Down (‑0.36%), 98,189.3

(Conversion to C$1)

Commodities

Copper: Up (+0.15%), 571.63

Gold: Up (+0.93%), 4,763.44

WTI Crude: Up (+1.91%), 91.11

Natural Gas: Flat (0.00%), 2.723

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 BMO for April 9th, 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
(File photo.)

BMO, Scotiabank post higher adjusted Q3 profits

Both banks reported solid capital levels and continued returning capital to shareholders through dividends and share buybacks.

@ the Bell: Bank earnings boost TSX to new high

Canadian equities finished higher on Tuesday, supported by solid bank earnings despite renewed concerns over trade...

Glow Lifetech keeps growth train rolling

Biotech and cannabis innovator Glow Lifetech (CSE:GLOW) posted its 12th consecutive quarter of year-over-year revenue growth in Q2 2026.

Aisix launches fire alerts feature as Canada faces ongoing wildfire challenges

Aisix (TSXV:AISX launched Fire Alerts, providing subscribers with daily notifications about wildfire activity near monitored properties.