Daily Market Close: Markets rise amid trade hopes and tepid job growth in Canada  |  June 6, 2025 - video Dailymotion

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

Transcript

00:00Let's check in with markets in Toronto today.

00:06Canada's main stock index rose on Friday as investors reacted to domestic jobs data and U.S. payroll figures,

00:13while easing U.S.-China tensions boosted trade optimism.

00:18Meanwhile, Canada is working to reverse newly increased U.S. tariffs on steel and aluminum,

00:24and weak job growth pushed the national unemployment rate up to 7%.

00:29The TSX climbed higher by market close, while the venture gained little weight following yesterday's drop.

00:35On Wall Street, the Dow posted a solid rebound from its recent losing streak, as did the NASDAQ.

00:46The highest-gaining TSX stocks of the day saw a lot of mining interest

00:50following the Ontario government's new $500 million critical minerals processing fund.

00:56Top of the stack is Eastern Platinum Limited up 67.5%,

01:00XRO Technologies gained 33%,

01:03and Generation Mining was up 26%.

01:11Looking at the biggest declining stocks today,

01:13Extract 1 Technologies lost 37.5%,

01:17RTG Mining fell 25%,

01:19and TVA Group lost 22%.

01:22That's it for this market update.

01:24Thanks again for watching.

01:25I'm Jonathan Brown.

01:26Have a great weekend.

01:27I'll see you next time.

01:28See you next time.