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5 Things to Know Today: TSX Recap, Oil Eases, Loonie Under Pressure & Alberta's Pipeline Announcement (July 3, 2026)

  Friday, July 3, 2026 Here's what's moving markets and your money this morning — from Bay Street to the pumps to Ottawa. 1. TSX gains as investors digest a mixed session The S&P/TSX Composite closed up 0.31% on Thursday at 34,966.67 points (+109.68), its first full trading day back after the Canada Day holiday. Financials were mixed — Brookfield edged higher while TD Bank slipped nearly 1% — but mining stocks got a lift as gold prices ticked up, with Barrick and Franco-Nevada both up more than 3%. Shopify was the standout, jumping over 5% after settling a dispute with Shopline. 2. Oil prices ease as Iran-US talks continue in Doha Crude prices pulled back further and are now trading closer to pre-conflict levels after another round of indirect US-Iran talks in Doha, even though the sides didn't reach a breakthrough. That's welcome news for anyone filling up this long weekend, and it's also easing some of the energy-driven inflation pressure that's been compl...
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TSX Futures Plunge Amid Global Market Sell-Off

 

Futures for Canada’s main stock index, the S&P/TSX, fell sharply on Friday as investors braced for crucial U.S. payrolls data amidst a global market downturn. The September futures on the S&P/TSX index were down 1.0% early in the morning.

The decline follows weaker-than-expected factory data from the U.S. on Thursday, which heightened fears of an economic slowdown and negatively impacted investor sentiment worldwide. Additionally, disappointing earnings reports from major tech companies like Intel and Amazon.com contributed to a sell-off in tech shares across markets.

Despite the overall downturn, an uptick in commodity prices helped limit the declines. Oil prices saw a slight increase, and gold was poised for its biggest weekly jump in four months.

Investors are keenly awaiting the U.S. non-farm payrolls data, expected to provide further insights into the state of the American economy. The Toronto Stock Exchange’s S&P/TSX composite index had ended 1.7% lower on Thursday, marking its biggest daily decline since February.

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