(Stock image generated with AI.)

Domestic equity markets fell on Thursday, led by losses in mining and technology shares. The pullback came as oil prices extended their rally and moved higher on ongoing geopolitical concerns, with investors turning their attention to earnings from US big tech.

 In the US, the S&P 500 retreated on Thursday, pressured by Microsoft (NASDAQ:MSFT) who fell 10 per cent after the megacap tech company’s earnings results and the Federal Reserve’s latest interest‑rate announcement prompted a cautious reaction from traders.

TSX33,016.13-159.94TSX
TSXV1,108.29-39.81TSXV
CSE173.82−4.49CSE
DJIA49,071.56+55.96DJIA
NASDAQ23,685.12-172.33NASDAQ
S&P 5006,969.01-9.02S&P 500

The Canadian dollar traded for 74.08 cents US compared to 73.77 cents US on Wednesday.

US crude futures traded US$2.09 higher at US$65.30 a barrel, and the Brent contract rose US$2.26 to US$70.66 a barrel.

The price of gold was up US$106.90 to US$5,412.15.

In world markets, the Nikkei was up 16.89 points to ¥53,375.60, the Hang Seng was up 141.18 points to HK$27,968.09, the FTSE was up 26.36 points to ₤10,180.79, and the DAX was down 513.33 points to €24,309.46.


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.


More From The Market Online
Microsoft Vancouver office building

Microsoft shares drop as slowing cloud growth overshadows strong earnings

Microsoft (NASDAQ:MSFT) shares fell about 10 per cent after earnings, as investors focused on slowing Azure cloud growth.

OpenText selects global tech leader as new CEO

OpenText (TSX/NASDAQ:OTEX) will appoint IBM veteran Ayman Antoun as board member and chief executive officer on April 20, 2026.

Market Open: Caterpillar Earnings Lift Shares, Big Tech Spending Dominates | Jan 29th

TSX rises as Caterpillar beats earnings and Meta boosts AI spending. Gold tops $5,500, copper surges, and markets digest major tech results.

Amazon shares slip ahead of mass layoffs under accelerated AI push

Amazon (NASDAQ:AMZN) stock dipped after the company announced 16,000 new layoffs, its second major cut in three months.