Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX opened higher Friday, edging closer to 29,000 as global markets rallied on upbeat tech momentum and anticipation of key U.S. jobs data. Amazon surged on Anthropic AI bets, while the S&P 500 set a fresh record.

Market numbers

TSX: Up (0.57%), 28,915.89

TSXV: Down (0.34%), 844.22

DOW: Down (0.06%), 45,670.00

NASDAQ: Up (0.68%), 23,843.50

FTSE: Up (0.47%), 9,235.00

In the headlines

Amazon climbs on Anthropic bets – Amazon (Amazon.com Inc: AMZN) stock rose 4% as traders leaned into the company’s AI investments, particularly its stake in Anthropic. The move reflects investor optimism over AI’s growing role in diversifying Amazon’s revenue streams. This comes a day after a judge granted class certification to the largest class in US history in a consumer antitrust lawsuit against Amazon

S&P 500 at new high – The benchmark U.S. index logged a record close ahead of the August jobs report. Strong labor data could shape Federal Reserve expectations and influence Canadian markets via global sentiment.

Currencies

USD: Up (0.10%), $0.7240

GBP: Down (0.46%), $0.5358

EUR: Down (0.60%), $0.6173

JPY: Down (0.57%), ¥106.838

Bitcoin: Up (0.62%), 112,837.37

(Conversion to C$1)

Commodities

Natural Gas: Up (0.88%), 3.089

WTI: Down (1.00%), 63.110

Gold: Up (0.88%), 3,577.09

Copper: Up (0.90%), 4.6091

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