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Market Open: Abbott Misses Revenue Estimates, Lucid Surges on Saudi Deal | Jan 22

Ricki Lee Ricki Lee, The Market Online
0 Comments| January 22, 2026

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Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

The TSX is up 0.31%, while the Venture Index is higher by 0.12% as global markets rebound on optimism around trade developments. U.S. indices are in positive territory, with the Dow up 0.49% and the Nasdaq gaining 0.66% after traders cheered progress on Greenland-related negotiations.

Commodities are mixed: gold eased slightly after its recent surge, while oil rose 0.7% as supply concerns linger. Natural gas slipped over 1%, and copper fell nearly 1%. Bitcoin remains under pressure, down 0.25%, as risk appetite shifts back toward equities.

Market numbers

TSX: Up (+0.31%), 32,851.53

TSXV: Up (+0.12%), 1,094.62

DOW: Up (+0.49%), 49,340.1

NASDAQ: Up (+0.66%), 25,578.1

FTSE: Down (–0.17%), 10,190.14

In the headlines

  • Abbott Falls on Weak Diagnostics:Abbott Labs (TSX:ABT) shares dropped 5% after missing quarterly revenue estimates, citing weakness in its diagnostics and nutrition divisions and forecasting lower near-term profits.
  • Lucid Stock Jumps on Saudi Deal:Lucid Group Inc (NDAQ:LCID) surged 18% after announcing a partnership with Rockwell to expand EV production capacity in Saudi Arabia, signaling aggressive global growth plans.

Currencies

USD: Up (+0.21%), 0.7240

GBP: Up (+0.22%), 0.5390

EUR: Down (–0.02%), 0.61847

JPY: Up (+0.45%), 114.957

AUD: Down (–0.57%), 1.0626

Bitcoin (BTC/CAD): Down (–0.25%), 123,470.1

(Conversion to C$1)

Commodities

Copper: Down (–0.93%), 5.78475

Gold: Down (–0.13%), 4,825.07

WTI: Up (+0.72%), 60.10

Natural Gas: Down (–1.23%), 5.299

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

Join the discussion: Find out what everybody’s saying about Abbott and Lucid for January 22nd, 2026, on Stockhouse’s stock forums and message boards.

Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein.For full disclaimer information, please click here.




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