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Daily Market Close: TSX hits record high | May 27, 2025
Stockhouse
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5/27/2025
The Market Online brings you the news as the Canadian Markets Close.
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News
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00:00
Let's check in with markets in Toronto today.
00:06
Canada's stock market hit a record high boosted by real estate stocks
00:10
after US President Trump delayed planned tariffs on EU imports.
00:14
US markets also rose following Trump's announcement to postpone the 50% tariffs,
00:19
giving the EU more time to negotiate a trade deal.
00:23
The TSX rose 195 points and the venture was up 5 points.
00:28
On Wall Street, the Dow gained 740 points, while the Nasdaq jumped 462.
00:39
The highest gaining TSX stocks of the day and we have Els Nutrition up 50%.
00:44
Apple Therapeutics gained 33% and Sierra Metals rose 32%.
00:51
As for the stocks seeing the biggest drop, yesterday's biggest gainer is today's biggest loser.
01:00
Vertical Studios, they're down 25%, just like Sullivan Mining Capital and Aberdeen International.
01:06
That's it for this market update, thanks for watching, I'm Jonathan Brown, I'll see you next time.
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