TSX stock exchange. (Source: Adobe Stock. Generated by AI)

Canada’s main stock index regained some ground lost before the weekend on Monday, thanks to a broad gain across commodities and tech. Oil prices retreated after US President Donald Trump indicated a de‑escalation with Iran.

Bitcoin also dropped near C$100,000 for the first time since autumn 2024, reflecting a wider pullback following the steep declines in gold and silver. Silver—after more than doubling over the past year—tumbled about 30 per cent on Friday, its worst single‑day drop since 1980, while gold fell roughly 4.5 per cent. All three later bounced from their lows, easing some of the pressure on equities. Traders kept a close eye on Nvidia (NASDAQ:NVDA) stock, which ended the day lower after a Wall Street Journal report suggested the company’s planned US$100 billion investment in OpenAI had stalled thanks to internal doubts.

TSX32,183.88+260.36TSX
TSXV1,030.67-20.41TSXV
CSE170.44+0.52CSE
DJIA49,407.66+515.19DJIA
NASDAQ23,592.11+130.29NASDAQ
S&P 5006,976.44+37.41S&P 500

The Canadian dollar traded for 73.16 cents US compared to 73.41 cents US on Friday.

US crude futures traded US$3.00 lower at US$62.21 a barrel, and the Brent contract lost US$2.98 to US$66.34 a barrel.

The price of gold was down US$230.66 to US$4,662.54.

The price of silver was down US$5.63 to US$79.71.

In world markets, the Nikkei was down 667.67 points to ¥52,655.18, the Hang Seng was down 611.54 points to HK$26,775.57, the FTSE was up 118.02 points to ₤10,341.56, and the DAX was up 258.71 points to €24,797.52.


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