AI generated stock image,
(Stock image generated with AI.)

Canada’s main stock index saw mild growth on Thursday, mirroring the cautious sentiment seen in US markets as investors assessed the credibility of the newly announced trade deal between the US and China. The tech and materials sectors led growth on the TSX.

Meanwhile, US markets struggled as investors processed earnings reports from major tech companies. However, the decline was limited following a meeting between President Donald Trump and Chinese President Xi Jinping.

TSX30,178.98+34.20TSX
TSXV953.32+9.81TSXV
CSE171.26-1.70CSE
DJIA47,522.12-109.88DJIA
NASDAQ23,581.14-377.33NASDAQ
S&P 5006,822.34-68.25S&P 500

The Canadian dollar traded for 71.49 cents US compared to 71.71 cents US on Wednesday.

US crude futures traded $0.04 higher at US$60.52 a barrel, and the Brent contract rose $0.03 to US$64.95 a barrel.

The price of gold was up US$25.95 to US$4,012.70.

In world markets, the Nikkei was up 17.96 points to ¥51,325.61, the Hang Seng was down 63.45 points to HK$26,282.69, the FTSE was up 3.15 points to ₤9,759.29, and the DAX was down 5.32 points to €24,118.89.


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