Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX is down 1.42%, while the TSX Venture Index is sharply lower by 4.04%, as Canadian equities slide amid renewed volatility in global markets and persistent pressure from higher energy costs. U.S. markets are also weaker, with the Dow down 0.47% and the Nasdaq off 0.95% as investors digest another turbulent week marked by geopolitical risk and concerns around supply chains. In the U.K., the FTSE 100 is effectively flat, reflecting cautious positioning rather than outright risk‑taking.

Commodities remain a key driver of sentiment. Oil is higher again, up just over 1%, as the Middle East conflict drags on and crude remains elevated. Gold is little changed, edging up slightly as safe‑haven demand competes with dollar strength, while copper continues to slide on growth concerns. Natural gas is lower by more than 2%. Bitcoin is modestly lower in Canadian‑dollar terms, as crypto markets remain choppy amid broader risk aversion.

Market numbers

TSX: Down (‑1.42%), 31,854.98

TSXV: Down (‑4.04%), 936.57

DOW: Down (‑0.47%), 45,871.7

NASDAQ: Down (‑0.95%), 24,174.7

FTSE 100: Flat (0.00%), 10,064.80

In the headlines

  • Super Micro plunges on China shipment allegations: Super Micro Computer (TSX:SMCI) (NDAQ:SMCI), the U.S.‑based server and AI‑hardware manufacturer, saw its shares drop 12% after reports of secret shipments to China sparked arrests and an international manhunt. The news raised fresh concerns over export‑control compliance and regulatory risk for companies tied to advanced computing hardware.
  • Planet Labs surges after earnings shock: Planet Labs (NYSE:PL), the satellite‑imaging and Earth‑observation company, soared after delivering an earnings surprise that reinforced its rapid growth trajectory. The stock is now up more than 500% over the past year as demand accelerates for geospatial data across defense, climate, and commercial applications.

Currencies

USD: Up (+0.16%), $0.7289

GBP: Up (+0.71%), $0.5461

EUR: Up (+0.51%), $0.63131

JPY: Up (+0.92%), ¥115.858

AUD: Up (+0.62%), $1.0334

Bitcoin (BTC/CAD): Down (‑0.05%), 96,044.8

(Conversion to C$1)

Commodities

Copper: Down (‑1.77%), 5.44206

Gold: Up (+0.03%), 4,652.30

WTI: Up (+1.10%), 92.00

Natural Gas: Down (‑2.58%), 3.057

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