Canada’s main stock index tumbled on Thursday, as gains in commodity prices couldn’t help counterbalance broader market caution following the benchmark’s strongest performance in three weeks. Mining and energy shares provided some growth for the TSX but tech and industrials led the losers.
US equities saw steep downward movement, with investors closely monitoring the artificial intelligence sector as valuations in the space soar to remarkable levels. Traders were also focused on Washington, where the Supreme Court heard arguments regarding the legality of tariffs imposed during the Trump administration.
| TSX | 30,103.48 | -234.89 |  |
| TSXV | 875.89 | -25.00 | |
| CSE | 160.17 | -6.01 | |
| DJIA | 46,912.30 | -398.70 | |
| NASDAQ | 23,053.99 | -445.80 | |
| S&P 500 | 6,720.32 | -75.97 | |
The Canadian dollar traded for 70.84 cents US compared to 70.86 cents US on Wednesday.
US crude futures traded $0.04 higher at US$59.64 a barrel, and the Brent contract rose $0.08 to US$63.60 a barrel.
The price of gold was down $0.70 to US$3,982.93.
In world markets, the Nikkei was up 671.41 points to ¥50,883.68, the Hang Seng was up 550.49 points to HK$26,485.90, the FTSE was down 51.30 points to ₤9,725.78, and the DAX was down 315.72 points to €23,734.02.
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