TSX and minerals gain, Wall Street sinks

Melisa R. H. Posted On February 3, 2026

Toronto extended its recovery on Tuesday by climbing over 200 points or 0.64%, lifted by a strong performance in minerals as well as staples. Eight sectors were up while losses in tech led three sectors down. Silver jumped over 8% to US$85.50 and gold rallied 6.3% to US$4,955 to make up more of the losses suffered last Friday. Major movers on Bay Street: B2Gold 2.55%, Baytex 4.12%, Energy Fuels 16.33%, Taseko Mines 13.93% and Thomson Reuters -15.83%

In contrast, Wall Street lost its Monday gains: the S&P -0.84%, the Nasdaq -1.43% and the Dow -0.34%. The most active stocks were Nvidia at -2.84% and PayPal -20.31% after profits missed and it changed CEOs. Teradyne jumped 13.41%, Expedia tumbled 15.26% and Palantir rallied 6.85% after reporting a beat. Bitcoin slid 2.7% to US$76,340. The U.S. 10-year yield was steady at 4.269%.

🥇 B2Gold Corp. (BTO-T) +2.55%

🛢 Baytex Energy Corp (BTE-T) +4.12%

🛢 Energy Fuels Inc. (EFR-T) +16.33%

⛏ Taseko Mines Ltd. (TKO-T) +13.93%

🖨 Thomson Reuters Corp (TRI-T) -15.83%

💾 NVIDIA Corporation (NVDA-Q) -2.84%

💳 PayPal Holdings Inc. (PYPL-Q) -20.31%

🧬 Teradyne Inc (TER-Q) +13.41%

✈ Expedia (EXPE-Q) -15.26%

💾 Palantir Technologies (PLTR-Q) +6.85%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) -2.7%