Canada's main stock index edged higher on Thursday as gold prices gained ground, while investors were cautious about fresh tensions between the U.S. and Iran.
The TSX vaulted 145.29 points, to begin Thursday at 35,081.09.
The Canadian dollar eased six cents to 70.52 cents U.S.
In company news, Triple Flag reported preliminary second-quarter revenue of $129.2 million, up from a year earlier. Triple Flag started out Thursday up 76 cents, or 1.9%, to $40.00.
Firan Technology Group slightly beat second-quarter revenue estimates, helped by strong demand and aerospace growth. Firan stock didn’t budge from Wednesday’s close of $24.97.
Meta announced Wednesday it will build a data center in central Alberta, marking the tech giant's first in Canada amid the global AI boom.
ON BAYSTREET
The TSX Venture Exchange restored 8.88 points, or 1%, to 895.46.
Eight of the 12 subgroups ventured into the green Thursday, powered by gold, jumping 2.5%, while materials moved 2.3% higher, and information technology climbed 0.9%.
The four laggards were weighed most by consumer staples, sagging 0.9%, while energy fell 0.6% and telecoms were off 0.2%.
ON WALLSTREET
Stocks were relatively unchanged on Thursday as equity markets tried to rebound despite renewed U.S.-Iran tensions and a jump in oil prices.
The Dow Jones Industrials gained 62.35 points to 52,410.74.
The S&P 500 moved higher 19.6 points to 7,502.31.
The NASDAQ captured 85.21 points to 25,955.86, led by a 6% gain in Micron Technology. Sandisk rose 5%.
Prices for the 10-year Treasury backtracked, raising yields to 4.56% from Wednesday’s 4.57%. Treasury prices and yields move in opposite directions.
Oil prices lost 67 cents to $72.85 U.S. a barrel.
Gold prices brightened $61.50 to $4,143.90 U.S. an ounce.
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