00:00Let's see how markets kicked off the week in Toronto today.
00:08Canada's main stock index surged on Monday due to a temporary reduction in reciprocal
00:12tariffs between the United States and China, easing fears of a global trade war.
00:18The US will lower tariffs on Chinese imports from 145% to 30%, and China will reduce duties
00:25on US imports from 125% to 10%, effective for 90 days.
00:33At the end of the trading day, the TSX was up over 170 points, but the venture was down
00:378 points.
00:39The Dow rallied over 1,100 points today, while the Nasdaq jumped 184.
00:49The top gaining stocks on the TSX of the day were Bengal Energy up 50%, Talon Metals Corp
00:56added 28.5%, and XRO Technologies rose 25%.
01:06However the biggest declining stocks today were TVA Group down 36%, while Vertical Studios and
01:13Celadon Mining Capital both lost 25%, trading at a penny.
01:18That's it for this market update, thanks again for watching.
01:21I'm Jonathan Brown and I'll see you next time.
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