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Your daily horoscope: May 9, 2025

  IF TODAY IS YOUR BIRTHDAY A change of direction is a must this year as you have reached the end of your current journey and need a new challenge. Make a break with the past and make it one that cannot be reversed. Move forward fast and don’t look back. ARIES (March 21 - April 20): Someone you meet on your travels will catch your eye and maybe your heart as well. If it’s true that opposites attract you could find yourself getting close to someone whose charms are very different to your own – and remarkably the relationship will work. TAURUS (April 21 - May 21): Someone you think of as a friend will say something today that annoys you intensely. It may be the case though that they can see things that you cannot, so be open to what they tell you. They could be doing you a very big favor. GEMINI (May 22 - June 21): If you listen too much to other people’s advice today you could end up facing in several directions at once and ultimately getting nowhere. Pay attention to what friends a...
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S&P/TSX Composite Falls 1.2% as U.S. Markets Show Mixed Performance

Canada’s main stock index, the S&P/TSX Composite, declined by 1.2% on Thursday. The losses were primarily driven by weakness in the energy, financial, and base metal sectors. Meanwhile, U.S. markets displayed mixed performance. Here are the key details:

  • S&P/TSX Composite Index: Closed down 263.44 points at 21,698.11.
  • U.S. Markets:
    • Dow Jones Industrial Average: Down 65.11 points at 38,647.10.
    • S&P 500 Index: Up 12.71 points at 5,433.74.
    • Nasdaq Composite: Up 59.13 points at 17,667.56.

Notably, U.S. wholesale inflation data came in weaker than expected, raising the possibility of a second interest rate cut in the U.S. this year. The Federal Reserve’s stance remains data-dependent, and market watchers are closely monitoring economic indicators.

In Canada, expectations point to three or four rate cuts by year-end. The tech sector led gains in U.S. equity markets, with chipmakers like Broadcom and Nvidia performing well.

Commodity prices also saw movement:

  • July crude oil contract: Up 12 cents at US$78.62 per barrel.
  • July natural gas contract: Down nine cents at US$2.96 per mmBTU.
  • August gold contract: Down US$36.80 at US$2,318.00 per ounce.
  • July copper contract: Down nine cents at US$4.48 per pound.

The Canadian dollar traded at 72.75 cents US compared to 72.99 cents US on the previous day. 

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