Market Open

Toronto futures nudged higher Friday as upbeat domestic trade figures and strong U.S. economic data lifted investor confidence.

Market Numbers (Futures)

TSX : Up ( 0.00%) 27,441.70
TSXV: Up (0.62%%) 791.66
DOW:  Up (0.02%) 44,729.00
NASDAQ: Up (0.06%) 23,264.25
FTSE: Down (0.007%) 8,972.00

In the Headlines:

Canada and New Zealand settled their dairy trade dispute with Canada agreeing to adjust how it allocates import quotas, without giving up its supply management system.

And Canada’s planned ramp-up in defense spending will boost GDP by about 0.1% this year and next, but won’t be enough to pull Canada out of recession.

Currencies Update: (Futures)

The Canadian dollar edges lower to $0.7303 U.S., strengthens slightly against the euro at $0.6242, while Bitcoin grinds higher—up nearly 1% to C$163,559.03 as crypto momentum keeps building.

Commodities: (Futures)

Natural Down: Up (1.33%), 3.59
WTI:  Down (0.30%), 67.34
Gold: Up (0.57%), 3,357.66
Copper:  Up (0.30%) 6.00

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

Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here

More From The Market Online

AI in Canada: 5 defining trends

A pair of new studies from IBM (NYSE:IBM) show that businesses in Canada are taking confident strides into an AI-powered future.

Neurothera cannabinoid tech disarms antibiotic resistance

Neurothera Labs now holds a US patent for combining antimicrobials and cannabinoids to boost antibiotics against resistant bacterial strains.

Market Open: Eldorado–Foran Deal, Devon–Coterra Mega‑Merger | Feb 2nd

Markets slide as TSX and TSXV tumble on a broad commodities selloff. Eldorado moves to buy Foran Mining, while Devon and Coterra announce a…

Draganfly to provide drones and training to U.S. Air Force special ops command

Draganfly (CSE:DPRO) and DelMar Aerospace received an award to provide Flex FPV drones and foundational FPV training to the U.S. Air Force.