(Stock image generated with AI.)

Canada’s main stock index declined on Tuesday after renewed tariff threats from US President Donald Trump toward European allies over the situation with Greenland sparked a wave of global risk aversion. The mining segment was the only market to see any real growth on the TSX.

US markets also posted significant losses as President Trump escalated his remarks regarding Greenland, warning of additional tariffs against countries resisting the proposed US purchase of the Danish territory.

TSX32,750.28-340.68TSX
TSXV1,093.33+7.21TSXV
CSE182.25-3.10CSE
DJIA48,488.59-870.74DJIA
NASDAQ22,954.32-561.07NASDAQ
S&P 5006,796.86-143.15S&P 500

The Canadian dollar traded for 72.30 cents US compared to 72.10 cents US on Monday.

US crude futures traded $1.09 higher at US$60.53 a barrel, and the Brent contract rose $0.01 to US$63.95 a barrel.

The price of gold was up US$81.73 to US$4,760.26.

In world markets, the Nikkei was down 592.47 points to ¥52,991.10, the Hang Seng was down 76.39 points to HK$26,487.51, the FTSE was down 73.86 points to ₤10,121.49, and the DAX was down 255.94 points to €24,703.12.


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
ai generated stock image

@ the Bell: Markets score last-minute turnaround

Despite starting the day at lows not seen in over three weeks, Canada’s main stock index...

New bladder cancer drug may sharpen radiation’s aim

Theralase Technologies proves that its Rutherrin drug holds the potential to enhance radiation against non-muscle invasive bladder cancer.
Viridian Metals logo with prospecting background

Team spotlight: Q+A: Charlene Duffett,  Viridian Metals exploration manager

Original story here. At Viridian Metals, every discovery begins with the people behind it. Our Team...

Market Open: OpenAI Pentagon Fallout, Live Nation Keeps Ticketmaster | Mar 9th

TSX sinks as oil surges over 12%. OpenAI’s robotics chief resigns after a Pentagon deal, Live Nation settles its antitrust case, gold slips and…