PriceSensitive

@ the Bell: Cautious gains for Canada as trade talks spark optimism

Market News, Sponsored
23 July 2025 16:46 (EST)

(Stock image generated with AI.)

Canada’s main stock index saw its third day of minute growth on Wednesday, as optimism grew in the US over potential trade agreements with its partners. This followed a deal with Japan that shielded Tokyo from new tariffs in return for a US$550-billion commitment in American-bound investments and loans. Even so, the TSX hit a new intraday record high.

Meanwhile, hopes for a US-EU trade deal rose after President Trump announced on Tuesday that European Union officials would arrive for negotiations the following day. The Dow is a stone’s throw from another record high.

TSX27,416.41+51.98
TSXV804.48-1.90
CSE128.50-0.85
DJIA45,010.29+507.85
NASDAQ21,020.02+127.33
S&P 5006,358.91+49.29

The Canadian dollar traded for 73.52 cents US compared to 73.50 cents US on Tuesday.

US crude futures traded $0.15 higher at US$65.46 a barrel, and the Brent contract rose $0.11 to US$68.70 a barrel.

The price of gold was down US$40.93 to US$3,388.93.

In world markets, the Nikkei was up 1,396.40 points to ¥41,171.32, the Hang Seng was up 408.04 points to HK$25,538.07, the FTSE was up 37.68 points to ₤9,061.49, and the DAX was up 198.92 points to €24,240.82.


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.


Related News