The Market Online brings you the news as the Canadian Markets Close.
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00:00Let's check in with markets in Toronto today.
00:06Canada's main stock index rose amid volatile trading as investors evaluated Prime Minister
00:10Mark Carney's Liberal Party victory and also kept focused on the U.S. trade conflict.
00:16Liberals secured 168 seats, falling short of 172 needed for a majority.
00:21Carney with his extensive experience is expected to gain international credibility.
00:25He pledged a firm stance against U.S. import tariffs and emphasized investing billions
00:29into reduced dependence on the U.S.
00:33Investors now seek clarity on the U.S.-China trade talks, which may or may not be even happening.
00:38Reports suggest easing duties on foreign auto parts, which could benefit Canadian suppliers.
00:44Wall Street is bracing for a busy earnings week.
00:46With big tech in the spotlight, 73% of S&P 500 companies have surpassed expectations so far.
00:53As for the markets, TSX rose 75 points while the venture was up just over a point and a
00:58half.
00:59It was up 300 points and the NASDAQ grew 117.
01:07The top gaining stocks in the TSX were Mercer Park Opportunities Corp, doubling its value
01:12today up 100%, Bengal Energy added 50%, and XRO Technologies ended the day 33% higher.
01:24The biggest declining stocks in the TSX were Gold Mountain Mining Corp, down 25%, Flint Corp
01:29gave up 20%, and RTG Mining lost 16%.
01:34That's it for this market update, thanks for watching, I'm Jonathan Brown, I'll see you
01:38next time.
01:38See you next time.
01:40Bye.
01:41Bye.
01:42Bye.
01:43Bye.
01:44Bye.
01:45Bye.
01:46Bye.