Daily Market Close: Tariff talks stall market movement  |  June 4, 2025 - video Dailymotion

The Market Online brings you the news as the Canadian Markets Close.

Transcript

00:00Let's see how markets in Toronto fared today Canada's stock market stayed relatively steady

00:09on Wednesday as investors awaited US trade talks the US set a deadline for trade deal proposals

00:15to avoid upcoming tariffs while doubling steel and aluminum tariffs on most countries excluding

00:21the UK which has a preliminary deal US China trade discussions are also expected this week

00:28because of tariff uncertainty the Bank of Canada held its benchmark interest rate steady at 2.75

00:36today the second consecutive rate hold following a series of seven cuts the TSX was 97 points lower

00:44by the end of the day while the venture rose by 2.2 on Wall Street the Dow fell 92 points and the

00:51NASDAQ was up 61 points the highest gaining TSX stocks of the day it's another tie for first

01:02up 50% today at Century Global Commodities and Bengal Energy also Nova Gold Resources rose nearly 25%

01:10the stock seeing the steepest drop for Vista Gold Corp down 15% TerraSend descended in nine and a half

01:22percent and so did vertical scope holdings that's it for this market update thanks for watching I'm

01:28Jonathan Brown and I will see you next time