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

To stay up-to-date on all of your market news head to Stockhouse.com.

Join the discussion: Find out what everybody’s saying about Alphabet and USB Bancorp for January 13th, 2026, on Stockhouse’s stock forums and message boards.

Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.


More From The Market Online

A convention connecting investors with emerging microcap cannabis companies

Auxly Cannabis (TSX:XLY) will present at Planet MicroCap Toronto 2026 on October 28, with CEO Hugo Alves leading the company’s presentation.

@ the Bell: Markets slip on oil and AI concerns

Canadian stocks moved lower on Thursday as sinking gold and copper prices coupled with rising crude...

Yocale.ai shares approved to trade on OTCQB in the US

Yocale.ai said its Class A shares were approved to trade on the OTCQB Venture Market in the US, effective Oct. 21, 2026, under YOAIF.