TSX futures managed a slight gain early Friday, driven by the first deals emerging from Trump’s tariff regime and investors’ growing comfort with returning from the sidelines.
Market Numbers (Futures)
TSX: Up (0.16%), 25,897.48
TSXV: Up (1.34%), 667.45
DOW: Up (0.33%), 42,526
NASDAQ: Up (0.39%), 21,481
FTSE: Up (0.39%), 8,683
In the Headlines:
Hudson’s Bay, Canada’s oldest company and one of its top department store brands, is now owned by another familiar name, Canadian Tire. The retail and services provider will pay $30 million for a majority of The Bay’s intellectual property.
Additionally, oil and gas producer Strathcona revealed plans for a $5.93-billion hostile takeover of MEG Energy, which would elevate the resulting company in to the fifth spot among Canada’s largest oil producers.
Currencies Update(Futures)
The Canadian dollar rose to US$0.7172, up from US$0.7145 on Thursday, while the Euro sits unchanged at US$1.12. Bitcoin, for its part, is up by 1.31% to C$144,760.42, retracing most of Thursday’s 1.68 per cent loss.
Commodities (Futures)
Natural Gas: Down (1.28%), US$3.31
WTI: Down (0.59%), US$61.81
Gold: Down (2.41%), US$3,177.70
Copper: Down (1.54%), US$4.61
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