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@ the Bell: TSX reaches new highs despite oil weakness

Market News
13 August 2026 16:46 (EDT)

(Stock image generated with AI.)

Despite a muted performance among the broader market, the TSX climbed to a new historic high on Thursday as investors reacted to new earnings reports and cooling US producer price inflation data.

US markets delivered a solid performance after the July PPI report unexpectedly held steady, falling short of expectations for a 0.2 per cent rise. At the same time, oil prices slipped, and traders sifted through another wave of earnings reports.

TSX36,759.29+97.15
TSXV966.43-9.44
CSE166.68-3.09
DJIA53,839.99+69.72
NASDAQ26,803.03+214.54
S&P 5007,798.99+50.49

The Canadian dollar traded for 71.74 cents US compared to 71.71 cents US on Wednesday.

US crude futures traded US$2.09 lower at US$81.18 a barrel, and the Brent contract lost US$2.03 to US$86.95 a barrel.

The price of gold was down US$55.94 to US$4,349.71.

In world markets, the Nikkei was up 784.53 points to ¥68,308.59, the Hang Seng was down 43.66 points to HK$25,396.51, the FTSE was down 60.48 points to ₤10,772.67, and the DAX was down 31.33 points to €26,299.74.


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