Market Open

Futures tied to Canada’s main index edged down Wednesday, as markets shrugged off a vague U.S.-China trade “framework” that offered little to move the needle.

Market Numbers (Futures)

TSX :Down ( 0.01%) 26,423.67
TSXV: Down (1.18%) 717.30
DOW:  Down (0.21%) 42,820.00
NASDAQ: Down (0.16%) 21,927.50
FTSE: Up (0.56%) 8,881.55

In the Headlines:

Ottawa is dragging its feet on downsizing federal office space, cutting just 2% since 2019—well short of its 50% target by 2034.

And Canada’s Auditor-General has warned that Canada’s purchase of 88 F‑35 fighter jets is now facing a nearly 50% cost escalation—topping C$27.7 billion triggering fresh scrutiny from Ottawa.

Currencies Update: (Futures)

The Canadian dollar stepped down by 0.10% this morning to $0.7301 US, also sank against the Euro by 0.17% to $0.6379 and Bitcoin lags behind by 0.07% to 149,746.75

Commodities: (Futures)

Natural Gas: Up (2.14%), 3.61
WTI:  Up (1.53%), 65.97
Gold: Up (0.38%), 3,334.88
Copper:  Down (0.74%) 6.05

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.

@ the Bell: TSX jumpstarts the week

Canada’s main stock index regained some ground lost before the weekend on Monday, thanks to a...

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…