Markets are extending their recovery as technology shares push higher again, with the Nasdaq leading gains and the Dow back above the 50,000 mark. The TSX is also higher, supported by improving risk appetite and renewed optimism around artificial‑intelligence spending. Investors are increasingly willing to look past inflation concerns as earnings momentum and AI‑driven growth remain front and centre.
Commodities are mixed. Oil prices are easing slightly after recent strength as attention turns to global diplomacy and macro data, while gold is under pressure amid rising equity confidence. Copper is steady after recent gains, natural gas is sliding, and Bitcoin is modestly lower in Canadian‑dollar terms as crypto consolidates following a strong run.
Market numbers
TSX: Up (+0.38%), 34,541.63
TSXV: Up (+0.27%), 980.57
DOW: Up (+0.69%), 50,668.7
NASDAQ: Up (+0.43%), 29,578.4
FTSE 100: Down (‑0.20%), 10,473.33
In the headlines
- Workday jumps on strong results and AI push: Workday (NDAQ:WDAY) — the enterprise human‑resources and financial‑software firm — surged after beating earnings and revenue expectations and outlining AI‑powered growth initiatives. Investors welcomed signs that AI features are gaining traction with large corporate customers.
- OpenAI readies massive market debut: OpenAI is reportedly preparing for a mammoth public‑market debut, with an implied valuation near $852 billion. The move underscores the extraordinary investor appetite for generative‑AI leaders as capital continues to flow into the sector.
Currencies
USD: Down (‑0.17%), $0.7243
GBP: Down (‑0.22%), $0.5388
EUR: Down (‑0.06%), $0.62446
JPY: Down (‑0.10%), ¥115.294
AUD: Up (+0.12%), $1.0162
Bitcoin (BTC/CAD): Down (‑0.36%), 106,428.6
(Conversion to C$1)
Commodities
Copper: Down (‑0.02%), 6.36593
Gold: Down (‑0.55%), 4,518.42
WTI: Down (‑0.37%), 93.75
Natural Gas: Down (‑1.63%), 3.083
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