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Market Open: TSX Futures Slip as Traders Brace for U.S. Tariff Call  | Fri, July 25

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

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Futures tied to Toronto’s main index slipped on Friday as investors watch closely, hoping the United States will hold off on imposing steep import levies.

Market Numbers (Futures)

TSX : Down ( 0.20%) 27,317.51
TSXV: Down (0.19%%) 802.93
DOW: Up (0.08%) 44,934.00
NASDAQ: Down (0.05%) 23,366.25
FTSE: Down (0.36%) 9,105.15

In the Headlines:

Three contractors working for Hy‑Tech Drilling were successfully rescued late Thursday after being trapped for more than 60 hours underground at Newmont Corp.’s Red Chris gold and copper mine in northern British Columbia. The Denver‑based operator said the rescue operation involved drones to assess subsurface conditions and a remote‑controlled scoop to clear a rockfall estimated at 20–30 meters long and nearly eight meters high.

Once access was restored, emergency teams reached the MineARC refuge chamber where the workers had consistent access to food, water, and air, and brought them to safety. Newmont described the operation as “carefully planned and meticulously executed” and noted that all three men, Kevin Coumbs, Darien Maduke, and Jesse Chubaty, were in good health and spirits. The mine’s production remains suspended pending a thorough review and independent investigation into the incident.

Currencies Update: (Futures)

The Canadian dollar sinks over 0.30% to $0.7287 U.S., with the euro also edging down 0.05% to $0.6233, while Bitcoin takes a beating, dropping more than $3,310.66 or 2.04% to C$158,797.10 in a sharp crypto slide.

Commodities: (Futures)

Natural Gas: Up (1.78%), 3.14
WTI: Up (0.60%), 66.43
Gold: Down (0.81%), 3,340.92
Copper: Up (0.28%) 6.08

To stay up-to-date on all of your market news head to stockhouse.com

Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.

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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