Daily Market Close: TSX hits record high despite mixed inflation signals   |  May 20, 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 hit a

00:07record high on Tuesday fueled by gains in metal mining stocks this comes as

00:12investors digest a mixed inflation report stats Canada says April's

00:16inflation dropped to 1.7% helped by the removal of the carbon tax but grocery

00:22prices are showing signs of rising again US Vice President JD Vance met with

00:27Canadian Prime Minister Mark Carney in Rome to discuss fair trade and resolve a

00:31tariff dispute as G7 finance ministers gather in Canada hopes for a consensus

00:36on non-tariff issues remain uncertain amid a US push for national interests the

00:41TSX was 83 points higher by close and the venture rose 1990 on Wall Street the

00:47Dow lost 114 points while the Nasdaq gave up 72

00:55the top gaining TSX stocks of the day saw series global up 142 and a half percent

01:02Xanadu mines was 55 percent higher and equipped home medical gained 53 percent

01:10the stocks seeing the biggest drop were Appley Therapeutics down 33 percent Avalon

01:19Advanced Materials down 16 percent and American Hotel Income Properties gave up

01:2415 percent that's it for this market update thanks for watching I'm Jonathan

01:28Brown I'll see you next time