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Market Open: Strong Bank Earnings Boost TSX | Thurs.  May 29 

Economy, Market News, Market Summary
29 May 2025 10:00 (EST)
Market Open

Futures tracking Canada’s main stock index climbed Thursday, lifted by a U.S. court decision blocking Trump-era tariffs and a strong showing from the country’s big banks.

Market Numbers (Futures)

TSX :Up ( 0.30%) 26,362.30
TSXV: Down (0.07%) 702.40
DOW:  Up (0.20%) 42,258.00
NASDAQ: Up (1.25%) 21,644.75
FTSE: Up (0.8%) 8,733.79

In the Headlines

Ontario will revise its mining bill to include Indigenous economic zones following backlash from First Nations. The province is responding to mounting legal and political pressure.

And,Wall Street and financial markets around the world jumped after a U.S. court ruled that President Donald Trump is not authorized to impose sweeping tariffs on imports under an emergency-powers law.

Currencies Update: (Futures)

The Canadian dollar rises 0.17% to $0.7249 U.S.,  tipping up by 0.13% to $0.6414 to the Euro, and Bitcoin leaves behind 0.28% to $150,154.02

Commodities: (Futures)

Natural Gas: Up (10.11%), 3.52
WTI:  Up (.12%), 61.91
Gold: Up (0.74%), 3,313.53
Copper:  Up (0.39%) 6.06

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