Canada’s TSX index ended with a solid gain on the first trading day of 2025 thanks to optimism in healthcare (2.2%), energy (1.61%) and base metal (1.13%) stocks. Top gainers include i-80 Gold (24.63%) and Denison Mines (14.17%), with Power Corporation of Canada giving back 1.69%.
U.S. stocks started the year with a loss amid falling investor confidence in the dollar’s continued strength and what upcoming Q4 earnings have in store. Top gainers include N2OFF (331.45%) and Vistra (8.55%), with Tesla shares giving back over 6%.
| TSX | 24,898.03 | +170.09 |  |
| TSXV | 617.35 | +19.51 | |
| CSE | 139.63 | +4.55 | |
| DJIA | 42,392.27 | −151.95 |  |
| NASDAQ | 19,280.793 | -29.999 | |
| S&P 500 | 5,868.55 | −13.08 | |
The Canadian dollar traded for 69.36 cents U.S. compared to 69.50 cents U.S. on Tuesday.
U.S. crude futures traded US$1.37 higher to US$73.09 per barrel, and the Brent contract fell by US$0.06 to US$75.87 per barrel.
The price of gold was up by US$30 to US$2,671 per ounce.
In world markets, the Nikkei was down by 386.62 points to 39,894.54, the Hang Seng was down by 436.63 points to 19,623.32, the FTSE was up by 87.07 points to 8,260.09, and the DAX was up by 115.52 points to 20,024.66.
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(Top image: Adobe Stock)
