North of the border, Canadian markets remain robust, holding last week’s gains.

Market Numbers:

TSX : Up (0.89%) 25,067.92

TSXV: Up (1.30%) 616.34

DOW:  Up (0.78%)  43,487.83

NASDAQ: Up (1.51%) 19,630.20

FTSE: Up(0.12%) 8,515.85

U.S., stock markets are closed for Martin Luther King Jr. Day, likely leading to thinner trading volumes globally.

Key Headlines:

Donald Trump’s inauguration as the 47th President of the United States begins today at the U.S. Capitol Building, marking his official return to the White House.

Canadian businesses brace for potential sweeping tariffs under the new administration, as many rely heavily on the U.S. as a primary trading partner.

Currency Update:

The Canadian dollar nudged up 0.04 cents to 69.13 cents U.S., battling a 1.70% loss against the Euro. Bitcoin made headlines, surging $4,403.94 to trade at an astonishing $154,427.67

Commodities Watch:

  • Natural Gas: Down (10.13%), 3.83
  • WTI:  Down (0.21%), 77.72
  • Gold: Up (0.07%), 2,705.16
  • Copper Up (0.15%) 5.9617

Investors will be closely watching Trump’s policy announcements as global markets assess the potential impact on trade and economic relations.

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

Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here

More From The Market Online
Past drilling at the Alamos silver project in Mexico

Minaurum delivers up to five-figure silver grades in Mexico

Minaurum Gold's (TSXV:MGG) latest drilling from its Alamos silver project in Mexico continues to substantiate a potentially robust resource.
Chairman, president and chief executive officer, Brad Corson

Imperial Oil appoints new president; CEO announces retirement

Imperial Oil (TSX:IMO) announced that its board of directors has approved the appointment of John Whelan as president.
AI generated stock image.

WSP and Microsoft partner to drive digital transformation in the AEC industry

WSP Global (TSX:WSP) and Microsoft (NASDAQ:MSFT) are partnering to digitalize architecture, engineering, and construction.