Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Stocks

TSX Declines, Still Poised for Weekly Gains

The S&P/TSX Composite Index fell around 0.2% to below the 26,730 mark on Friday, trimming some of the weekly gains to around 0.8% amid falling gold prices, economic stagnation, and shifting policy expectations weighing on Canadian equities. Major mining equities led the decline with Agnico Eagle, Wheaton Precious, Barrick Gold, and Franco-Nevada tumbling between 2% and 3.7% amid a sharp decline in gold—now at a four-week low, as safe-haven demand wanes amid easing geopolitical tensions and clarity on the US–China trade accord. Meanwhile, Canada’s economy contracted 0.1% in both April and May, reinforcing concerns over a broader slowdown, especially as manufacturing and wholesale sectors shrank under tariff strain. Despite this weakness, sticky core inflation and the Bank of Canada’s cautious stance on rate cuts have pushed long-term bond yields higher, raising discount rates and pressuring equity valuations.

Today Markets

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also
Close
Back to top button