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Market Open: TSX Tips Up on Tails Of RBC Strong Results |  Thursday, Feb 27, 2025

Economy, Market News, Market Summary
27 February 2025 10:00 (EDT)
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Canada’s leading lender, Royal Bank has reported a strong quarterly result tipping Toronto’s stock index up this morning, while investors see positive momentum with US markets

Market Numbers: (Futures)

TSX : UP (0.40%) 25,429.684
TSXV: Up (2.15%) 629.86
DOW:  UP  (0.25%)  43,615.00
NASDAQ: Up (0.79%) 21,353.00
FTSE: Up (0.31%) 8,758.71

In the Headlines

Royal Bank of Canada reported a first-quarter profit of $5.13 billion, up from $3.58 billion in the same quarter last year, helped by growth across its business and its acquisition of HSBC Bank

And in an exciting take back story, The founders of Ben & Jerry’s have expressed interest in buying back their namesake ice cream brand from Unilever.

Currencies Update: (Futures)

The Canadian dollar is down 0.13% to $.6956 U.S., also down 0.05% to $0.6644 against the Euro.
Bitcoin deletes 1.98% to 124,781.13

Commodities: (Future)

Natural Gas: Up (1.71%), 3.93
WTI:  Up (0.81%), 69.39
Gold: Down (1.06%), 2,885.66
Copper:  Up (0.21%) 6.15

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