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@ the Bell: TSX steady as trade developments drive optimism

Market News, Sponsored
14 May 2025 16:28 (EST)
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Equities trading in Canada’s largest centre finished Wednesday on a quiet note, as investors turned their attention to trade news following a strong beginning to the week. That earlier momentum was driven by softer US inflation data and a temporary trade truce between Washington and Beijing.

Meanwhile, US markets were divided, with Wall Street aiming to build on the week’s earlier gains that had already pushed the S&P 500 into positive territory for the year. At one point, the index had fallen more than 20 per cent from its February peak. However, since reaching its intraday low on April 7, the S&P 500 has rebounded by over 21 per cent.

TSX25,692.45+75.59
TSXV658.65-7.17
CSE119.53-1.13
DJIA42,051.06-89.37
NASDAQ21,319.21+121.51
S&P 5005,892.65+6.10

The Canadian dollar traded for 71.57 cents US compared to 71.76 cents US on Tuesday.

US crude futures traded $0.8u0 lower at US$62.87 a barrel, and the Brent contract lost $0.85 to US$65.78 a barrel.

The price of gold was down US$63.15 to US$3,181.05.

In world markets, the Nikkei was down 55.13 points to ¥38,128.13, the Hang Seng was up 532.38 points to HK$23,640.65, the FTSE was down 17.91 points to ₤8,585.01, and the DAX was down 111.55 points to €23,527.01.


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