The TSX is up 0.64%, while the TSX Venture is up 2.14%, as markets attempt to stabilize following a tech‑led selloff that pulled the Nasdaq sharply lower. U.S. markets opened mixed, with the Dow seeing modest gains, the S&P 500 slightly higher, and the Nasdaq down more than a third of a percent as investors reassessed software and AI‑exposed names after a wave of new Anthropic tools pressured the sector. London’s FTSE 100 outperformed, climbing more than 1.5% as European markets caught a bid on bank strength and improved risk appetite.
The commodities rebound regained traction, helping sentiment across miners and energy names. Gold rose nearly 2%, holding above the $5,000 level as buyers returned after the recent rout, while silver’s recovery also continued according to fresh reports. Natural gas climbed more than 6%, copper held mostly steady, and oil eased slightly. Bitcoin slipped again, extending a broader crypto rout that erased nearly $500 billion in value over the week.
Market numbers
TSX: Up (+0.64%), 32,388.60
TSXV: Up (+2.14%), 1,052.72
DOW: Up (+0.05%), 49,289.1
NASDAQ: Down (‑0.36%), 25,231.3
FTSE 100: Up (+1.58%), 10,458.57
In the headlines
- UBS stock dips despite strong profit jump: UBS (NYSE:UBS) posted a 53% full‑year profit increase, with Q4 net income up 56% to $1.2 billion as wealth management and global markets both delivered double‑digit growth. Despite broad-based strength across core franchises, shares slipped as investors weighed integration progress and the bank’s forward outlook.
- Suncor delivers record production: Suncor Energy Inc (TSX:SU) reported record fourth‑quarter production, though adjusted profit edged slightly lower as operating costs and pricing effects offset volume gains. The results highlight ongoing strength in the company’s upstream performance amid shifting oil market dynamics.
Currencies
USD: Down (‑0.10%), $0.7319
GBP: Down (‑0.11%), $0.5341
EUR: Up (+0.07%), $0.61980
JPY: Up (+0.37%), ¥114.626
AUD: Down (‑0.15%), $1.0418
Bitcoin (BTC/CAD): Down (‑0.27%), 102,924.2
(Conversion to C$1)
Commodities
Copper: Down (‑1.25%), 6.05983
Gold: Up (+1.93%), 5,042.34
WTI: Down (‑0.32%), 62.60
Natural Gas: Up (+6.35%), 3.519
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