TSX

2025 - 2 - 3

Tariff Terrors and Big Drops: How the TSX is Navigating a Wild Ride!

Canadian Dollar - Financial Markets - S&P/TSX Composite Index - Stock Investing - Tariffs - TSX - U.S.-Canada Trade Tensions

Is your portfolio ready for some rollercoaster action? Dive into how the TSX is bracing itself amidst escalating trade tensions and plummeting currencies!

The TSX, or the Toronto Stock Exchange, finds itself in the midst of a market rollercoaster this February! With escalating tensions between the U.S. and Canada over tariffs, investors are holding onto their hats as they assess the potential impact on key sectors. Notably, the Canadian dollar has hit its lowest point in over 20 years, leaving many investors feeling uneasy. On February 3rd, Toronto saw stock markets plunge nearly 600 points at the start of trading, sending shockwaves throughout the trading floor.

As the dust settles from U.S. President Donald Trump’s announcement of a hefty 25% tariff on Canadian goods, the futures for Canada’s main stock index have also taken a sharp dive. This global selloff has investors across North America worried about what this means for their portfolios, and not just on a day-to-day basis. The S&P/TSX Composite index is expected to remain highly volatile this week as Canadian stocks adjust to the seismic shifts in trade relations. Investors are already on high alert, and who can blame them? It’s hard to feel secure when markets are quaking under tariff tremors!

While January brought a more positive outcome for equity investors with a 3.3% rally, February is shaping up to be a completely different story. Six stocks on the TSX are currently enjoying some oversold conditions, and among the most attractive are Topaz Energy Corp and Canopy Growth Corp, which may present unique buying opportunities for savvy investors. Differing opinions abound, though, as analysts scramble to provide recommendations while sifting through the sea of uncertainty this evolving trade war has created.

On another note, a shoutout to REV Exploration Corp., which just commenced trading on the TSX Venture under the ticker "REVX"! As sectors struggle and currencies fluctuate, it seems there’s always something new and exciting forming in the Canadian markets. With all this craziness, one thing is clear: Canadian investors need to stay sharp and informed to navigate this tempestuous economic sea.

Fun Fact: Did you know that the TSX is the 9th largest stock exchange in the world? And while we’re on the subject of trade, in 2021, Canada exported goods worth over CAD 280 billion to the United States! So, while tariffs may cause ripples, this trade relationship is still crucial to both countries in the long haul!

Another interesting tidbit: The Canadian dollar, also known as the Loonie due to the image of the common loon on the dollar coin, can be quite the performer! Historically, it’s been known to fluctuate wildly against the U.S. dollar, often reflecting the price of oil, which is a vital part of Canada's economy. So as the currency takes a dip, investors likely have their fingers crossed for an upward trend soon!

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Image courtesy of "The Motley Fool Canada"

TSX Today: What to Watch for in Stocks on Monday, February 3 (The Motley Fool Canada)

Escalating U.S.-Canada trade tensions will remain on TSX investors' radar today as they assess the potential impact of tariffs on key sectors.

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Image courtesy of "Bowen Island Undercurrent"

Loonie at lowest in more than 20 years, TSX sinks nearly 600 points (Bowen Island Undercurrent)

TORONTO — North American stock markets plunged at the start of trading, while the Canadian dollar fell to its lowest level in more than two decades after ...

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Image courtesy of "Yahoo Canada Finance"

TSX opens lower as Trump tariffs unsettle investors (Yahoo Canada Finance)

Futures for Canada's main stock index fell sharply on Monday, part of a global market selloff after U.S. President Donald Trump announced tariffs on Canada, ...

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Image courtesy of "Investing.com Canada"

S&P/TSX Composite forecast as US and Canada trade war starts (Investing.com Canada)

Canadian stocks will be highly volatile this week as investors react to the potential tariff war between the United States and Canada. The S&P/TSX Composite ...

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Image courtesy of "The Globe and Mail"

Analysts' forecast returns, recommendations and yields for all stocks ... (The Globe and Mail)

January was a positive month for equity investors. The S&P/TSX Composite Index rallied 3.3 per cent with 15 per cent of stocks in the Index realizing ...

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Image courtesy of "The Globe and Mail"

The most oversold and overbought stocks on the TSX (The Globe and Mail)

There are six stocks with attractive RSIs below 30 this week. Topaz Energy Corp is the most oversold company in the index. Canopy Growth Corp., Trisura Group ...

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Image courtesy of "Toronto Star"

Loonie at lowest in more than 20 years, S&P/TSX composite sinks ... (Toronto Star)

Canada's main stock index was down nearly 600 points after Trump announced over the weekend that the U.S. would impose tariffs of 25 per cent on Canadian goods ...

REV Exploration Commences Trading As "REVX" on TSX Venture ... (Junior Mining Network)

VANCOUVER, British Columbia – TheNewswire - Feb 3, 2025 - REV Exploration Corp. ('REV” or the “Company”) (TSXV: REVX), (formerly Gitennes Exploration) is ...

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Image courtesy of "The Globe and Mail"

What every Canadian investor needs to know today (The Globe and Mail)

Global markets sank on fears that U.S. President Donald Trump's tariffs on Canada, Mexico and China mark an opening salvo in a global trade war that would ...

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Image courtesy of "Toronto Star"

Loonie at lowest in more than 20 years, TSX sinks nearly 600 points (Toronto Star)

TORONTO - North American stock markets plunged at the start of trading, while the Canadian dollar fell to its lowest level in more than two decades after ...

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Image courtesy of "TipRanks"

Toronto Stock Exchange (TSX) Drops 350 Points as Canada ... (TipRanks)

The Toronto Stock Exchange (TSX) is down 367 points, or nearly 2%, after Canada's government announced a series of retaliatory tariffs on U.S. imports amid ...

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Image courtesy of "Alberta Senior"

Loonie at lowest in more than 20 years, S&P/TSX composite sinks ... (Alberta Senior)

TORONTO — North American stock markets plunged at the start of trading, while the Canadian dollar fell to its lowest level in more than two decades after ...

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Image courtesy of "Financial Post"

TSX falls most since August as correction could be in store on U.S. ... (Financial Post)

The S&P/TSX composite index fell by as much as three per cent right after the markets opened in Toronto on Monday, before pulling back. Read on.

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Loonie falls, S&P/TSX composite closes down nearly 300 points on ... (BNN)

Canada's main stock index was down nearly 200 points in late-morning trading, while the loonie fell to its lowest level in more than two decades as Canadian ...

TSX Venture Exchange Stock Maintenance Bulletins (Canada NewsWire)

CNW/ - TSX VENTURE COMPANIES BULLETIN V2025-0329 BULLETIN TYPE: Cease Trade Order BULLETIN DATE: February 3, 2025 TSX Venture Tier 2 Company A Cease Trade.

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Trade war could sink TSX 20% or more: Jefferies analyst (Yahoo Canada Finance)

Analyst John Aiken says the consequences of the tariffs were “not effectively priced into equities,” with the S&P TSX Index rising recently even as the ...

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Trade War Jitters? These 2 TSX Stocks Could Be Your Safe Haven (The Motley Fool Canada)

These safe TSX stocks could continue to deliver strong returns even amid escalating trade tensions between the United States and Canada.

Triple-Digit Losses on TSX Follow Tariffs (Yahoo Canada Sports)

Trump slapped a 25% import tariff on all Canadian goods except energy products, which will carry a levy of 10%. Major brokerages including J.P. Morgan warned ...

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Image courtesy of "Alberta Senior"

Loonie falls, S&P/TSX composite down more than 250 points, but off ... (Alberta Senior)

TORONTO — Canada's main stock index was down more than 250 points in afternoon trading, while the loonie fell to its lowest level in more than two decades ...

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Image courtesy of "Investing.com Canada"

Triple-Digit Losses on TSX Follow Tariffs (Investing.com Canada)

Baystreet.ca - Canada's main stock index struggled on Monday as investors dumped risky assets, demonstrating their nerves over U.S. President Donald Trump's ...

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Image courtesy of "Baystreet.ca"

Triple-Digit Losses on TSX Follow Tariffs (Baystreet.ca)

Canada's main stock index struggled on Monday as investors dumped risky assets, demonstrating their nerves over U.S. President Donald Trump's tariffs on ...

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Image courtesy of "Yahoo Canada Finance"

Trade war would sink TSX 20% or more: Jefferies analyst (Yahoo Canada Finance)

Analyst John Aiken says the consequences of the tariffs were “not effectively priced into equities,” with the S&P TSX Index rising recently even as the ...

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Image courtesy of "Reuters"

TSX futures fall as crude prices dip on US-China trade conflict (Reuters)

Futures for Canada's main stock index declined on Tuesday as oil prices fell after an escalating trade war between the U.S. and China, ...

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Loonie hits 20-year low as TSX drops nearly 300 points amid US ... (Wealth Professional)

Canadian markets fell sharply as investors reacted to US tariff threats before a late-session recovery.

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Image courtesy of "The Motley Fool Canada"

TSX Today: What to Watch for in Stocks on Tuesday, February 4 (The Motley Fool Canada)

As the Trump administration temporarily pauses tariffs on Canada, TSX investors may shift their focus to corporate earnings and updates related to trade ...

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Image courtesy of "Financial Post"

Investors get a sneak peek at trade war winners and losers (Financial Post)

As analysts try to grasp the short and long-term effects on different industries, most agree it's a losing scenario for Canada. Read on.

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Image courtesy of "BNN"

S&P/TSX composite up more than 100 points, loonie also higher ... (BNN)

The S&P/TSX composite index was up 111.68 points at 25,353.44 after tumbling nearly 300 points on Monday before the tariff reprieve was announced. ADVERTISEMENT.

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Image courtesy of "Investing.com Canada"

Tariff Pause Hikes Sentiment, TSX Gains (Investing.com Canada)

On Monday, domestic investors were relieved after Trump suspended steep tariffs on Mexico and Canada, agreeing to a 30-day pause in exchange for concessions on ...

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