The TSX is down 1.03%, while the Venture is up 0.66% as Canadian markets absorb global volatility and domestic inflation concerns. U.S. stocks are mixed after yesterday’s sharp sell-off, with the Dow up 0.27% and the Nasdaq edging 0.16% higher following its worst day in four months.
Safe-haven flows continue to dominate: gold smashed another record, climbing over 2%, while natural gas surged nearly 19% on supply fears. Oil rebounded modestly, and Bitcoin recovered slightly after recent weakness. Currency markets saw the U.S. dollar firm as geopolitical uncertainty lingered.
At Davos, President Trump and Prime Minister Carney delivered high-profile speeches that drew global attention, adding to the backdrop of trade and policy debates shaping investor sentiment.
Market numbers
TSX: Down (–1.03%), 32,750.28
TSXV: Up (+0.66%), 1,093.33
DOW: Up (+0.27%), 48,681.0
NASDAQ: Up (+0.16%), 25,012.1
FTSE: Up (+0.46%), 10,146.81
In the headlines
- Netflix Slides on Soft Guidance: Netflix (TSX:NFLX) shares plunged 5% after issuing weaker-than-expected guidance, despite meeting Q4 earnings estimates.
- Cenovus Considers Asset Sale: Cenovus Energy (TSX:CVE) is exploring the sale of Alberta oil assets worth about C$3 billion, according to sources cited by Reuters.
Currencies
USD: Up (+0.29%), 0.7244
GBP: Up (+0.30%), 0.5388
EUR: Up (+0.29%), 0.61809
JPY: Up (+0.21%), 114.522
AUD: Down (–0.12%), 1.0709
Bitcoin (BTC/CAD): Up (+1.41%), 123,990.5
(Conversion to C$1)
Commodities
Copper: Up (+0.19%), 5.87422
Gold: Up (+2.01%), 4,859.22
WTI: Up (+0.83%), 59.67
Natural Gas: Up (+18.67%), 4.749
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