@ THE BELL: MARKETS BOUNCE BACK AS NVIDIA HITS $4 TRILLION MILESTONE

Following two consecutive days of declines, Canada’s main stock index rebounded on Wednesday, driven by gains in the real estate sector though losses among mining and energy stocks stifled some momentum.

Meanwhile, US markets also advanced, led by the tech sector, with Nvidia (NASDAQ:NVDA) making headlines by becoming the first company to reach a market valuation of US$4 trillion. Investors continued to keep a close eye on the latest tariff developments from President Donald Trump.

The Canadian dollar traded for 73.06 cents US compared to 73.12 cents US on Tuesday.

US crude futures traded $0.02 lower at US$68.31 a barrel, and the Brent contract lost $0.20 to US$70.14 a barrel.

The price of gold was up US$3.27 to US$3,312.91.

In world markets, the Nikkei was up 132.47 points to ¥39,821.28, the Hang Seng was down 255.75 points to HK$23,892.32, the FTSE was up 12.84 points to ₤8,867.02, and the DAX was up 342.65 points to €24,549.56.

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2025-07-09T21:21:25Z