PriceSensitive

Market Open: Reddit Explodes on Earnings, Apple and Bombardier Power the Rally | May 1st

Economy, Finance, Market News, Market Summary
TSX:AAPL
01 May 2026 10:00 (EDT)
Markets surge after the S&P 500’s first close above 7,200. Reddit jumps on earnings, Apple beats estimates, Bombardier rallies, Bitcoin surges and oil pulls back.

Markets surge after the S&P 500’s first close above 7,200. Reddit jumps on earnings, Apple beats estimates, Bombardier rallies, Bitcoin surges and oil pulls back.

The TSX is surging after a blockbuster month for equities, rising sharply as investors push risk appetite to new highs following the S&P 500’s first‑ever close above 7,200. U.S. markets are extending one of their strongest runs since 2020, supported by easing war fears, improving economic data, and powerful earnings from technology and industrial names. Currency markets remain volatile after a massive yen swing, while commodities are cooling after recent spikes.

Bitcoin is back in focus, jumping more than 2% in Canadian‑dollar terms as crypto participates in the global risk‑on trade. Oil is pulling back after touching multi‑year highs, gold is under pressure as investors rotate into equities, and copper is slightly weaker amid shifting growth expectations.

Market numbers

TSX: Up (+1.94%), 33,964.33

TSXV: Up (+1.26%), 994.87

DOW: Up (+0.07%), 49,790.4

NASDAQ: Up (+0.38%), 27,554.9

FTSE 100: Down (‑0.43%), 10,308.68

In the headlines

Currencies

USD: Up (+0.22%), $0.7373

GBP: Up (+0.11%), $0.5411

EUR: Down (‑0.01%), $0.62763

JPY: Up (+0.20%), ¥115.572

AUD: Up (+0.15%), $1.0234

Bitcoin (BTC/CAD): Up (+2.30%), 106,047.0

(Conversion to C$1)

Commodities

Copper: Down (‑0.94%), 5.97354

Gold: Down (‑0.62%), 4,593.33

WTI Crude Oil: Down (‑2.01%), 105.00

Natural Gas: Down (‑0.04%), 2.783

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 Apple and Bombardier for May 1st, 2026, on Stockhouse’s stock forums and message boards.


Related News