The TSX is down 1.03%, while the TSX Venture Index is lower by 3.07%, as Canadian markets retreat amid renewed geopolitical tension and a sharp pullback in global equities. U.S. markets are also under pressure, with the S&P 500 down 1.00%, the Dow off 1.12%, and the Nasdaq sliding 1.43% as investors react to fresh warnings from Washington over the Iran conflict. London’s FTSE 100 is down more than half a percent, reflecting broad risk‑off sentiment across global markets
Commodities are adding to volatility. Oil remains elevated but is pulling back, down 1.51%, after recent spikes tied to Middle East supply disruptions. Gold is sharply lower, down more than 2.5%, as traders raise cash despite geopolitical risk. Copper is weaker on growth concerns, natural gas is sliding, and Bitcoin is down more than 2.5% in Canadian‑dollar terms as crypto traders turn defensive.
Market numbers
TSX: Down (‑1.03%), 32,618.96
TSXV: Down (‑3.07%), 944.67
DOW: Down (‑1.12%), 46,063.3
NASDAQ: Down (‑1.43%), 23,653.4
FTSE 100: Down (‑0.56%), 10,361.44
In the headlines
- SpaceX files for massive IPO: SpaceX, the private aerospace and satellite‑launch company founded by Elon Musk, has filed for an IPO at a reported valuation of $1.75 trillion. The move would mark one of the largest public offerings in history, as investors look to gain exposure to the company’s launch services, Starlink satellite network, and defense contracts.
- Penguin Solutions jumps on bullish AI outlook: Penguin Solutions (NDAQ:PENG), an AI‑focused data‑infrastructure and enterprise‑solutions provider, surged after guiding to stronger‑than‑expected growth. The company said demand is accelerating as customers ramp up spending on AI compute, storage, and high‑performance systems.
Currencies
USD: Down (‑0.34%), $0.7183
GBP: Up (+0.34%), $0.5435
EUR: Up (+0.17%), $0.62306
JPY: Up (+0.13%), ¥114.589
AUD: Up (+0.23%), $1.0425
Bitcoin (BTC/CAD): Down (‑2.56%), 92,157.0
(Conversion to C$1)
Commodities
Copper: Down (‑0.77%), 552.45
Gold: Down (‑2.58%), 4,635.80
WTI: Down (‑1.51%), 91.60
Natural Gas: Down (‑2.62%), 2.789
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