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Market Open: TSX Eyes Defence Stocks as Canada Pledges 5% GDP to NATO | Wed June 25, 2025

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| June 25, 2025

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Canada’s main index futures edged down Wednesday, cooling off after Tuesday’s record-breaking rally as markets weighed the impact of the Iran-Israel ceasefire.

Market Numbers (Futures)

TSX :Down ( 0.10%) 26,718.52
TSXV: Up (0.26%) 712.52
DOW: Up (0.02%) 43,431.00
NASDAQ: Up (0.31%) 22,482.75
FTSE: Up (0.025%) 8,761.20

In the Headlines:

Breaking news: Prime Minister Mark Carney is pledging to ramp up defense spending to 5% of GDP by 2035, marking its most aggressive NATO commitment yet in a move that could reshape federal budget priorities.

And U.S. exchanges are in early talks with the SEC to roll back listing rules in a bid to revive the shrinking pool of public companies

Currencies Update: (Futures)

The Canadian dollar isdown 0.04% to $0.7278 U.S., on the rise to the Euro by 0.02% to $0.6476 and Bitcoin grabs a quick 1.84% to 147,091.23

Commodities: (Futures)

Natural Gas: Up (2.53%), 3.63
WTI: Up (0.54%), 64.73
Gold: Up (0.12%), 3,328.39
Copper: Down (0.01%) 6.21

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