From Nasdaq: 2025-05-30 20:45:00

The Canadian market ended weak for a second day due to trade tensions, despite hitting record highs earlier in the week. The TSX Composite index closed with a modest loss of 0.14% at 26,175.05, gaining 0.6% for the week. U.S. federal appeals court temporarily reinstated Trump’s tariffs, and Trump accused China of violating the trade agreement. Canadian GDP expanded by 0.5% in the first quarter of 2025. Communications stocks rose, while energy and healthcare stocks dropped. Major losers in the energy sector were Baytex Energy, Cenovus Energy, Freehold Royalties, and Meg Energy Corp.



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