--- title: "Stocks in for Banner Day" description: "Futures for Canada's main stock index rose as gold prices increased due to a weaker U.S. dollar, while oil prices also climbed amid concerns over potential U.S.-Iran military conflict. The TSX reached" type: "news" locale: "en" url: "https://longbridge.com/en/news/276895751.md" published_at: "2026-02-25T13:37:18.000Z" --- # Stocks in for Banner Day > Futures for Canada's main stock index rose as gold prices increased due to a weaker U.S. dollar, while oil prices also climbed amid concerns over potential U.S.-Iran military conflict. The TSX reached a record high, gaining 193.88 points. In the U.S., stock futures were slightly higher ahead of Nvidia's earnings report, with notable gains in tech stocks. The Nikkei 225 and Hang Seng indices also saw significant increases. Oil prices rose to $65.96 per barrel, and gold prices increased to $5,203.20 per ounce. Futures tracking Canada's main stock index rose on Wednesday as gold prices gained on a softer U.S. dollar, while oil prices rose amid lingering worries about a potential military conflict between the U.S. and Iran. The TSX jumped 193.88 points to finish Tuesday at 33,970.38, a record high, led by gains for metal mining stocks and shares of Thomson Reuters. March futures gained 0.3% Wednesday. Meanwhile, automotive fleet manager Element Fleet Management reported fourth-quarter profit marginally lower than estimates in aftermarket earnings. Investors will keep an eye on Bank of Montreal and National Bank of Canada, which will report their earnings before the bell. ON BAYSTREET The TSX Venture Exchange gained 14.28 points, or 1.4%, Tuesday to 1,065.30. ON WALLSTREET Stock futures were slightly higher Wednesday ahead of a key earnings report from Nvidia. Futures for the Dow Jones Industrials gained 130 points, or 0.3%, to 49.366. Futures for the S&P 500 added 18.5 points, or 0.3% to 6,922.25. Futures for the NASDAQ tacked on 117 points, or 0.4%, to 25,145.35. Lifting the broader market Tuesday was a nearly 9% gain in Advanced Micro Devices, which rose after Meta Platforms announced a multiyear deal with the semiconductor company. Software and cybersecurity stocks also saw a relief rally in the regular session after Anthropic launched a new connectors and plugins for its knowledge worker tool, Claude Cowork, that will allow companies to connect the AI tool to their existing apps such as Google Drive. Claude Cowork rattled the software sector in recent weeks as investors feared the tool would disrupt incumbent software vendors’ businesses. Results come ahead of figures from software giant Salesforce and Snowflake, due after Wednesday’s market close. Results from Nvidia come at a time when investors are recalibrating lofty tech stock valuations and growing skeptical on hyperscalers’ high AI capital expenditures. In Japan, the Nikkei 225 rose sharply, 2.2%, while in Hong Kong, the Hang Seng surged 0.7%. Oil prices grabbed 33 cents to $65.96 U.S. a barrel. Gold prices flew $26.90 to $5,203.20 U.S an ounce. ### Related Stocks - [600489.CN - ZHONGJIN GOLD](https://longbridge.com/en/quote/600489.CN.md) - [82824.HK - EFUND GOLD MI-R](https://longbridge.com/en/quote/82824.HK.md) - [NEM.US - Newmont](https://longbridge.com/en/quote/NEM.US.md) - [IAU.US - iShares Gold Trust](https://longbridge.com/en/quote/IAU.US.md) - [NVDY.US - YieldMax NVDA Option Income Strategy ETF](https://longbridge.com/en/quote/NVDY.US.md) - [GDX.US - VanEck Gold Miners ETF](https://longbridge.com/en/quote/GDX.US.md) - [02840.HK - SPDR GOLD TRT](https://longbridge.com/en/quote/02840.HK.md) - [02824.HK - EFUND GOLD MI ETF](https://longbridge.com/en/quote/02824.HK.md) - [SGOL.US - Abrdn Gold ETF Trust](https://longbridge.com/en/quote/SGOL.US.md) - [IEO.US - iShares US Oil & Gas Expl & Prod](https://longbridge.com/en/quote/IEO.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Gold edges lower on possible position adjustment | Gold edged lower in early Asian trade on possible position adjustments, but losses are likely to be limited by U.S.-Iran | [Link](https://longbridge.com/en/news/276418484.md) | | PRECIOUS-Gold largely flat as dollar strength keeps pressure on prices | Gold prices remained stable on February 25, holding at $5,146.18 per ounce, following a decline of over 1% the previous | [Link](https://longbridge.com/en/news/276811592.md) | | Newmont in charts: Gold sales and production drop for fourth straight quarter, double-digit decline | Newmont in charts: Gold sales and production drop for fourth straight quarter, double-digit decline | [Link](https://longbridge.com/en/news/276416875.md) | | PRECIOUS-Gold gains over 1% on soft US data, Trump's fresh tariff move | Gold prices increased by over 1% due to disappointing U.S. GDP data and President Trump's announcement of new global tar | [Link](https://longbridge.com/en/news/276480913.md) | | Canada's Lundin Gold Q4 revenue rises on strong gold sales | Canada's Lundin Gold reported Q4 revenue of $526.6 million, driven by strong gold sales and an adjusted EPS of $0.97. Th | [Link](https://longbridge.com/en/news/276413997.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.