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Daily Market Close: TSX steps back from its peak | May 30, 2025
Stockhouse
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5/30/2025
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 see how markets in Toronto fared today.
00:06
Canada's main stock index fell on Friday as renewed U.S.-China trade tensions,
00:11
sparked by President Trump's accusation that China broke a tariff deal,
00:15
overshadowed positive domestic economic news.
00:18
Investors are now uncertain about the prospects of a lasting trade agreement
00:23
amid legal challenges to the U.S. administration's tariff plans.
00:28
The TSX lost 35 points by close, while the venture lost 2.
00:33
On Wall Street, the Dow rose 54 points, but the NASDAQ fell 65.
00:42
The highest-gaining TSX stocks of the day included Exro Technologies up 33%,
00:48
Copernacle Metals gained 29%, and Wello Biosciences rose 16%.
00:58
The stocks seeing the steepest drop were Canopy Growth down 24%,
01:03
after its latest financial results came in below expectations.
01:07
Aegis Brands lost 15%, and VIQ Solutions gave up 14%.
01:12
That's it for this market update, thanks for watching, I'm Jonathan Brown,
01:17
have a great weekend, I'll see you next time.
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