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 jumped on Tuesday, defying Wall Street's lead after a strong rally the day before,
00:12which was driven by a US-China trade truce.
00:15Investors reacted to US inflation data, showing a 2.3 annual rise in April,
00:20slightly below expectations, while core inflation held steady at 2.8%.
00:26The TSX rose 84 points, while the Venture lost 9.
00:31The Dow lost 270 points, while the Nasdaq added nearly 330.
00:40The top gaining stocks of the day saw MoGo up 57% on news that its portfolio company, WonderFi,
00:47was up 35%, will be acquired by Robinhood Markets.
00:51Sullivan Mining was up 33%.
00:56The biggest declining stocks of the day were Bengal Energy down 33%,
01:03Equipped Home Medical lost 23%,
01:05and Agronym Acquisition Corp gave up 16%.
01:08That's it for this market update, thanks for watching, I'm Jonathan Brown, I'll see you next time.
01:13I'll see you next time.