Daily Market Close: Trade talks and Fed meeting boost market confidence  |  May 7, 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 Canada's main stock index saw gains as investors

00:09grew hopeful about a potential thaw in US China trade relations this comes as Prime Minister Mark

00:16Carney met with President Trump at the White House calling their first discussion constructive

00:21meanwhile Washington announced that the US and Chinese officials will meet in Switzerland this

00:26weekend talks that could mark a turning point in the ongoing trade war the US Federal Reserve also

00:32voted to keep its interest rate unchanged today the TSX rose 186 points by close and the venture

00:39was up over a point and a half the Dow climbed 284 points on the day and the Nasdaq grew 76

00:45stocks as for the top gaining TSX stocks on the day Willow Biosciences skyrocketed 200 percent

00:57after announcing a business overhaul including a 30 million dollar recapitalization financing

01:02and appointment of a new executive team and board of directors to form Atlas Energy Corp tough news to

01:08follow but Bengal Energy was up 50 percent and Carmelite Resources was up 20 percent in the other

01:19direction the stocks that saw the biggest drop included extract one technologies down 32 percent

01:24Flint Corp gave up 20 percent and Aptos Biosciences dropped 19 percent that's it for this market update

01:31thanks for watching I'm Jonathan Brown and I'll see you next time

01:38you