The TSX opened higher on Thursday, lifted by momentum from tech-heavy U.S. markets after the S&P 500 logged back-to-back records. Oracle’s march toward a $1 trillion market value sent ripples through global equities, while Klarna surged on its Stockholm debut.
Market numbers
TSX: Up (0.40%), 29,179.39
TSXV: Up (0.73%), 867.53
DOW: Up (0.29%), 45,654.00
NASDAQ: Up (0.39%), 23,951.50
FTSE: Down (0.21%), 9,236.00
In the headlines
Oracle nears $1T club – Oracle (Oracle Corp: NYSE:ORCL) shares extended their rally, with market value climbing by US$255 billion in recent sessions. The move brings the company closer to joining the trillion-dollar valuation club, fueling strength across the tech sector and helping the S&P 500 secure back-to-back record closes.
Klarna IPO jumps 15% – Swedish fintech Klarna (Klarna Group PLC: NYSE:KLAR) rose on its first day of trading in Stockholm. The 15% pop signals cautious but positive investor appetite for fintech listings, a trend closely watched by Canadian venture markets given their own tech-heavy small-cap ecosystem.
Currencies
USD: Flat (0.00%), $0.7210
GBP: Down (0.21%), $0.5316
EUR: Down (0.19%), $0.6152
JPY: Flat (0.00%), ¥106.355
Bitcoin: Down (0.08%), 113,889.98
(Conversion to C$1)
Commodities
Natural Gas: Down (0.56%), 3.001
WTI: Down (1.61%), 62.999
Gold: Down (0.14%), 3,633.06
Copper: Up (0.48%), 4.6348
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