The Market Online brings you the news as the Canadian Markets Close.
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NewsTranscript
00:00Let's see what happened with markets in Toronto and abroad today.
00:08It was real trouble as Canadian and US markets were unsettled at the start of the week
00:14after President Trump announced a 100% tariff on foreign-made films
00:19citing concerns over the decline of the US movie industry.
00:23Investors are still cautious and keeping that way ahead of the Federal Reserve's policy decision coming up.
00:29Meanwhile, as for the indices themselves, the TSX gave up almost 78 points and the Venture fell almost half a point.
00:37The Dow fell 98 points and the NASDAQ lost 134.
00:47As for the top-gaining TSX stocks on the day, Thinkific Labs rose 62%,
00:54Enthusiast Gaming Holdings leveled up 33%,
00:57and Resverlogix Corp carved out 28.5% in gains.
01:03But the stocks that saw the biggest drop were…
01:11Both Vertical Studios and Selden Mining Capital took the top spot,
01:15down 25%, each trading at a penny,
01:18and NexSource Materials lost 19.64.
01:22That's it for this market update.
01:24Thanks for watching.
01:25I'm Jonathan Brown.
01:26I'll see you next time.