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

Markets opened mixed this morning as Canadian equities were little changed while U.S. benchmarks advanced after CPI inflation eased in November. The TSX is down slightly, while the Venture Index is also lower. In the U.S., the Dow and Nasdaq are higher, reversing recent losses after Micron boosted tech sentiment. London’s FTSE is stronger, up nearly 1%, as global investors weigh inflation signals and banking stability measures.

Commodities are mixed with oil slipping despite geopolitical risks, natural gas posting gains, and gold easing slightly after recent highs. Copper is modestly higher, while Bitcoin trades sharply positive. Headlines today spotlight travel and retail, with Transat reporting a quarterly loss and activist investor Elliott building a billion-dollar stake in Lululemon.

Market numbers

TSX: Down (-0.04%), 31,250.02

TSXV: Down (-0.33%), 932.46

DOW: Up (+0.55%), 48,223

NASDAQ: Up (+1.24%), 25,041.50

FTSE: Up (+0.98%), 9,769.5

In the headlines

  • Transat Swings to Loss: Transat A.T. (TSX: TRZ) reported a $12.5M Q4 loss, compared with a $41.2M profit a year ago, as travel demand softened and costs weighed on margins.
  • Elliott Targets Lululemon: Activist investor Elliott Management has built a stake worth over $1 billion in Lululemon (NDAQ: LULU), signaling potential strategic changes for the athletic apparel giant.

Currencies

USD: Up (+0.07%), $0.7254

GBP: Down (-0.26%), $0.5404

EUR: Up (+0.13%), $0.6183

JPY: Down (-0.06%), ¥112.823

AUD: Up (+0.24%), $0.91245

Bitcoin: Up (+2.43%), 121,817.4 CAD

(Conversion to C$1)

Commodities

Copper: Up (+0.17%), $5.44612

Gold: Down (-0.10%), $4,334.02

WTI: Down (-0.86%), $56.445

Natural Gas: Up (+1.30%), $4.122

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Join the discussion: Find out what everybody’s saying about Transat and Lululemon for December 18th, 2025, on Stockhouse’s stock forums and message boards.

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