Daily TSX Market Open: TSX Muted Ahead of Trump Tax Bill Vote  |  May 22, 2025 - video Dailymotion

The Market Online brings you the latest news as the Canadian Markets Open.

Transcript

00:00Good morning, happy Thursday. Here is your market open update.

00:07Well, Canada's main stock index futures treaded water Thursday as traders stayed on the sidelines

00:11muted, eyeing a high-stakes U.S. vote on Trump's headline grabbing tax overhaul.

00:16The TSX index was down 0.5% as of 6.05 Eastern Time. The venture drops 2%. Futures of the Dow

00:22are down and the Nasdaq is up this morning. Checking in on the headlines, Finance Minister

00:27Francois-Philippe Champagne says G7 finance leaders stand shoulder-to-shoulder with Ukraine

00:33and they will send a message that G7 countries will hold Russia to account.

00:38And Wall Street took a hit Wednesday as spiking treasury yields lit up fears over America's

00:43swelling debt load. With bonds screaming trouble, investors hit the sell button across the board.

00:48Switching to currency futures with the loony steady at 72 cents U.S. on the greenback,

00:52up against the euro and Bitcoin explodes with a 6,300-point gain.

00:56And tailing off with commodity futures where copper breaks off 0.5%, gold tips down, WTI falls

01:03to $60 U.S. a barrel and natural gas also decreases by over 1%.

01:07That's your Market Open. I'm Lindsay Melchick. Have a great day.