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Market Open: TSX Muted Ahead of Trump Tax Bill Vote | Thurs. May 22

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| May 22, 2025

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Canada’s main stock index futures treaded water Thursday as traders stayed on the sidelines muted, eyeing a high-stakes U.S. vote on Trump’s headline-grabbing tax overhaul.

Market Numbers (Futures)

TSX :Up ( 0.05%) 25,852.09
TSXV: Down (2.03%) 678.68
DOW: Down (0.24%) 41,853.00
NASDAQ: Up (0.07%) 21,169.25

FTSE: Down (0.76%) 8,719.87

In the Headlines:

Finance Minister François-Philippe Champagne says G7 finance leaders will stand “shoulder to shoulder” with Ukraine.

And,Wall Street took a hit Wednesday as spiking Treasury yields lit up fears over America’s swelling debt load. With bonds screaming trouble, investors hit the sell button across the board.

Currencies Update: (Futures)

The Canadian dollar down 0.04% to $0.7208 US, up by 0.17% to $0.6387 against the Euro, and Bitcoin gains 4.28% to $154,066.89

Commodities: (Futures)

Natural Gas: Down (1.34%), 3.33
WTI: Down (1.75%), 60.49
Gold: Down (0.09%), 3,312.93
Copper: Down (0.54%) 5.95

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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



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