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

To stay up-to-date on all of your market news head to Stockhouse.com.

Join the discussion: Find out what everybody’s saying about Amazon Anthropic and the TSX open for September 5, 2025, on Stockhouse’s stock forums and message boards.

Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.


More From The Market Online

@ the Bell: Markets rise on Iran–US peace hopes, SpaceX IPO biggest ever

Canadian equities advanced on Friday, supported by growing optimism that a peace agreement between Iran and...

This junior gold and copper stock has re-rating written all over it

An in-depth look at MinRex Resources, a junior gold and copper stock ripe for a re-rating thanks to a busy 2026 exploration program.
microsoft xbox gamepass

Microsoft’s Xbox unit faces looming job cuts despite strong Showcase momentum

Microsoft’s (NASDAQ:MSFT) Xbox division is planning major layoffs and budget cuts expected after June 30 as part of a restructuring effort
Stock Talk Cannabis Report image of cannabis plants and VW van

StockTalk | Cannabis Report: Results, awards, & upgrades

Aurora Cannabis Inc. (TSX/NASDAQ:ACB), a Canadian-based global medical cannabis company, reported its financial and operational results...