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

The TSX edged lower Friday as traders kept a close eye on energy markets, with oil headed for a strong weekly gain and Canadian natural gas producers curbing output. U.S. markets also struggled, with inflation data up next on the radar.

Market numbers

TSX: Down (0.08%), 29,731.98

TSXV: Down (0.34%), 875.13

DOW: Down (0.38%), 45,947.33

NASDAQ: Down (0.43%), 24,397.31

FTSE: Down (0.47%), 9,246.50

In the headlines

Tesla stock slumps on plunging EV sales – Tesla Inc (NDAQ:TSLA) shed more than 4% after reporting sharp declines in vehicle sales. Rival BYD (PINL:BYDDY) posted a 201% surge, underscoring shifting momentum in the global EV market.

S&P 500 posts third straight loss – The index dropped again as investor jitters lingered ahead of key U.S. inflation data, putting Wall Street on the defensive after recent highs.

Currencies

USD: Up (0.03%), $0.7172

GBP: Down (0.33%), $0.5357

EUR: Down (0.24%), $0.6135

JPY: Down (0.11%), ¥107.317

Bitcoin: Up (0.25%), 109,312.20

(Conversion to C$1)

Commodities

Copper: Down (0.80%), 4.76837

Gold: Up (0.36%), 3,762.36

WTI: Up (0.23%), 65.740

Natural Gas: Down (1.18%), 3.182

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