PriceSensitive

@ the Bell: TSX struggles as trade war intensifies

Market News, Sponsored
13 March 2025 16:14 (EDT)
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(Stock image generated by AI.)

Canada’s main stock index slid lower on Thursday during turbulent trading, as investors stayed cautious due to the escalating trade conflict with the United States. Mining shares were the only gainers on the TSX while tech led the decliners.

Wall Street stocks also fell as traders absorbed the latest tariff threats from President Donald Trump and examined new US inflation data.

TSX24,203.23-220.11TSX
TSXV613.17-0.83TSXV
CSE122.00-3.31CSE
DJIA40,813.57-537.36DJIA
NASDAQ17,303.01-345.44NASDAQ
S&P 5005,510.21-89.09S&P 500

The Canadian dollar traded for 69.33 cents US compared to 69.56 cents US on Wednesday.

US crude futures traded US$1.07 lower at US$66.61 a barrel, and the Brent contract lost US$1.08 to US$69.87 a barrel.

The price of gold was up US$43.78 to US$2,983.02.

In world markets, the Nikkei was down 29.06 points to ¥36,790.03, the Hang Seng was down 137.66 points to HK$23,462.65, the FTSE was down 2.58 points to ₤8,538.39, and the DAX was down 109.27 points to €22,109.27.


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(Top image generated with AI.)


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