Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Market Open: TSX futures steady as US tariffs looms |  Fri, Jan 31, 2025

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| January 31, 2025

{{labelSign}}  Favorites
{{errorMessage}}

Well we are less than 24 hours away from the looming tariffs deadline causing investors to tread lightly this morning and futures of Canada’s main stock index to tip up slightly.

Market Numbers:

TSX : Up (01.31%) 25,808.25
TSXV: Up (0.68%) 613.59
DOW: Up (0.32%) 44,215.00
NASDAQ: Down (0.93%) 21,810.25
FTSE: Up (0.57%) 8,662.00

In the Headlines

On the economic front, Canada’s November gross domestic product reading is scheduled for release before the market opens, with analysts predicting a 0.1% contraction.

And in the United States, the personal consumption expenditures price index for December, a key indicator for inflation trends, is set to be released at 8:30 a.m. ET

Currencies Update

Canadian dollar continues to feel the pressure sliding $0.0539 or 7.19% to $0.6908 U.S , deleting $0.0227 or 3.30% against the Euro to $0.6649 and Bitcoin picks up over $5,452.09. (3.70%) $152,888.92

Commodities

Natural Gas: Down (0.98%), 3.02
WTI: Up (0.23%), 76.53
Gold: Up (0.40%), 2,802.48
Copper Down (0.02%) 5.8754

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



{{labelSign}}  Favorites
{{errorMessage}}

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today

Featured Company

Podcasts