Resources Stocks May Edge Higher As Bay Street Looks Headed For Mixed Open

RTTNews | 22 시간 21 분 전

(RTTNews) - Canadian shares are likely to turn in a mixed performance on Thursday, with investors looking ahead to U.S. and Canadian jobs data, due on Friday. Energy and materials stocks may find some support thanks to higher commodity prices.

Volume of business is likely to be a bit thin as U.S. markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.

In company news, Osisko Development (ODV) announced the appointment of David Rouleau as Vice President, Project Development. The company also announced that ric Tremblay, Chief Operating Officer, is leaving the company effective immediately.

Endeavour Silver Corp. (EDR.TO) reported a decline in gold and silver production for the fourth quarter. However, the company posted an improvement in annual gold output. For the three-month period to December 31, 2024, the company recorded gold output of 9,075 ounces, lower than 9,608 ounces, registered for the same period last year. For the full year, gold output was 39,047 ounces, higher than 37,858 ounces in 2023.

The Canadian market closed on a firm note on Wednesday thanks to strong buying in technology and materials sectors.

Weakness in healthcare, communications and consumer discretionary sectors limited the market's upside.

The market gained despite reports that U.S. President-elect Donald Trump is planning to impose new tariffs.

The benchmark S&P/TSX Composite Index ended the session with a gain of 121.79 points or 0.49% at 25,051.68, slightly off the day's high of 25,061.55.

Asian stocks closed broadly lower on Thursday as investors reacted to U.S. President-elect Donald Trump's tariff threats, a buoyant dollar and disappointing Chinese inflation data.

The U.S. dollar was underpinned by rising Treasury yields amid expectations that Trump's fiscal and tariff policies may add to price pressures and keep U.S. interest rates higher for longer.

European stocks are up mostly in positive territory with investors digesting recent economic data, and looking ahead to jobs report from the U.S. for clues about the outlook for interest rate cuts by the Federal Reserve.

In commodities, West Texas Intermediate Crude oil futures are up $0.15 or 0.2% at $73.47 a barrel.

Gold futures are gaining $17.60 or 0.66% at $2,690.00 an ounce, while Silver futures are up $0.340 or 1.11% at $31.030 an ounce.

European Shares Set For Muted Start Before US Jobs Data

European stocks may drift lower at open on Friday as investors brace for the all-important U.S. jobs report later in the day.

RTTNews | 5 시간 22 분 전

Sensex, Nifty Follow Global Peers Lower; IT Stocks Surge

Indian shares opened lower on Friday, mirroring weak cues from global markets amid Trump's tariff threats and expectations of fewer interest-rate cuts by the U.S. Federal Reserve in 2025.

RTTNews | 6 시간 36 분 전

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.

RTTNews | 7 시간 40 분 전

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.

RTTNews | 8 시간 15 분 전

Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates

Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.

RTTNews | 8 시간 25 분 전

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.

RTTNews | 8 시간 34 분 전

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.

RTTNews | 8 시간 57 분 전

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.

RTTNews | 9 시간 1 분 전

EURUSD	1.0286	GBPUSD	1.22789	AUDUSD	0.61904
USDJPY	158.397	USDCAD	1.44183	USDCHF	0.91303