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CANADA STOCKS-TSX opens 1.5% lower as Trump nominates new Fed chair, gold and oil retreat

ReutersJan 30, 2026 2:34 PM

- Canada's main stock index opened sharply lower on Friday, dragged down by commodity-linked shares, as gold sank after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair and oil retreated on easing supply disruption concerns in Iran.

At 09:31 a.m. ET, the S&P/TSX Composite Index .GSPTSE was down 1.53% at 32,511.54 points.

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