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Daily Market Close: TSX hits record high despite mixed inflation signals | May 20, 2025
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5/20/2025
The Market Online brings you the news as the Canadian Markets Close.
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00:00
let's check in with markets in Toronto today Canada's main stock index hit a
00:07
record high on Tuesday fueled by gains in metal mining stocks this comes as
00:12
investors digest a mixed inflation report stats Canada says April's
00:16
inflation dropped to 1.7% helped by the removal of the carbon tax but grocery
00:22
prices are showing signs of rising again US Vice President JD Vance met with
00:27
Canadian Prime Minister Mark Carney in Rome to discuss fair trade and resolve a
00:31
tariff dispute as G7 finance ministers gather in Canada hopes for a consensus
00:36
on non-tariff issues remain uncertain amid a US push for national interests the
00:41
TSX was 83 points higher by close and the venture rose 1990 on Wall Street the
00:47
Dow lost 114 points while the Nasdaq gave up 72
00:55
the top gaining TSX stocks of the day saw series global up 142 and a half percent
01:02
Xanadu mines was 55 percent higher and equipped home medical gained 53 percent
01:10
the stocks seeing the biggest drop were Appley Therapeutics down 33 percent Avalon
01:19
Advanced Materials down 16 percent and American Hotel Income Properties gave up
01:24
15 percent that's it for this market update thanks for watching I'm Jonathan
01:28
Brown I'll see you next time
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