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Canadian Markets Rise Amid Powell's Cautious Economic Outlook

9/24/2025

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Summary

Story summary

Canadian markets opened higher but stabilized after cautious remarks from Federal Reserve Chair Jerome Powell about the U.S. economy.
The Toronto Stock Exchange was supported by commodity-linked equities as gold rose over 1%.
U.S. markets traded lower after a tech rally as Powell's inflation and jobs comments shaped sentiment.
Nvidia's partnership with OpenAI raises antitrust concerns over potential market consolidation.

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Story summary

Canadian markets opened higher but stabilized after cautious remarks from Federal Reserve Chair Jerome Powell about the U.S. economy.
The Toronto Stock Exchange was supported by commodity-linked equities as gold rose over 1%.
U.S. markets traded lower after a tech rally as Powell's inflation and jobs comments shaped sentiment.
Nvidia's partnership with OpenAI raises antitrust concerns over potential market consolidation.