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Market Open: Key US, Canada jobs data tips TSX up

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| June 6, 2025

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Futures tracking Canada’s main stock index moved higher Friday, with markets on watch for domestic employment data and U.S. non-farm payrolls.

Market Numbers (Futures)

TSX :Up ( 0.20%) 26,394.97
TSXV: Down (0.16%) 718.27
DOW: Up (0.30%) 42,498.00
NASDAQ: Up (0.46%) 21,680.00\
FTSE: Up (0.02%) 8,812.84

In the Headlines:

Tesla stock dropped sharply as Elon Musk’s feud with Donald Trump over a GOP tax bill unsettles investors causing fears over potential cuts to EV subsidies.

And,Ford has issued a recall on over 23,000 SUV Explorer models over risks of some parts detaching on the road. According to a Transport Canada notice last updated Tuesday, the recall includes 2016 and 2017 models of the Explorer.

Currencies Update: (Futures)

The Canadian dollar down 0.10% to $0.7299 U.S., up against the Euro by 0.11% to $0.6402 and Bitcoin breaks off 0.84% to 142,336.08.

Commodities: (Futures)

Natural Gas: Up (1.14%), 3.73
WTI: down (0.18%), 63.26
Gold: Up (.12%), 3,358.47
Copper: Up (0.82%) 6.10

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