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

The TSX is up 0.80%, while the TSX Venture Index is sharply higher by 3.72%, reflecting a strong risk-on tone. Markets opened with a bullish bias as the Dow pushed above 49,500, setting a fresh record amid growing “FOMO” buying despite ongoing Fed-related drama.

Globally, traders are watching major political and geopolitical developments: the Japanese yen plunged to a 1.5‑year low on speculation that Japan may call a snap election, while oil climbed toward $65 as tensions flared from Iran to the Black Sea. Gold firmed as uncertainty persisted, while broader risk appetite lifted Bitcoin and industrial metals.

Market numbers

TSX: Up (+0.80%), 32,874.70

TSXV: Up (+3.72%), 1,091.37

DOW: Up (+0.17%), 49,590.21

NASDAQ: Up (+0.08%), 25,787.66

FTSE: Up (+0.09%), 10,121.0

In the headlines

  • US Bancorp Buys BTIG: US Bancorp (NYSE:USB) announced it will acquire brokerage firm BTIG for $1 billion, expanding further into the trading and capital markets business.
  • Alphabet Hits $4 Trillion: Alphabet (NDAQ:GOOGL) surged to a $4 trillion market cap, driven by accelerating AI demand and optimism around future monetization opportunities.

Currencies

USD: Up (+0.08%), 0.7206

GBP: Up (+0.06%), 0.5349

EUR: Up (+0.06%), 0.6178

JPY: Up (+0.55%), 114.570

AUD: Down (–0.07%), 0.93058

Bitcoin (BTC/CAD): Up (+0.68%), 127,358.1

(Conversion to C$1)

Commodities

Copper: Up (+1.40%), 6.12134

Gold: Up (+0.40%), 4,616.62

WTI: Up (+0.96%), 60.407

Natural Gas: Up (+1.77%), 3.398

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