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Market Open: New Tariff Threats and Fed Policy Drop TSX | Mon. May 5

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| 12 days ago

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(Source: Adobe Stock, generated by AI)

Canadian equity futures slid Monday, tracking Wall Street’s pullback after fresh tariff threats from U.S. President Donald Trump rattled investors.

Market Numbers (Futures)

TSX :Down (0.40%) 24,931.38
TSXV: Up (1.59%) 656.40
DOW: Up (1.12%) 41,314.00
NASDAQ: Up (1.11%) 20,091.25
FTSE: Up (1.17%) 8,596.35

In the Headlines:

The premiers of Canada’s three territories say the country’s push to remove internal trade barriers needs to consider the unique economic situation of the North.

And BHP Group’s joint-venture partner Lundin Mining Corp. declared that the companies’ Filo del Sol project in South America to be the largest discovery of copper in three decades.

Currencies Update: (Futures)

The Canadian dollar is up 0.19% to $0.7263 U.S., deletes 0.34% to the Euro, sitting at $0.6360, and Bitcoin hands back 1.25% to $130,012.41

Commodities: (Futures)

Natural Gas: Up (9.09%), 3.63
WTI: Up (1.99%), 57.06
Gold: Down (0.92%), 3,318.77
Copper: Up (0.06%) 5.85

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