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5 Things to Know Today (Nov 13): Gold Slump, Weak Loonie, BoC Odds & Nvidia

  Canadian Money Brief • Friday, November 13, 2026 Gold is sliding, the loonie is sagging, and Monday's inflation report looms over the Bank of Canada's next move. Here are the five things Canadians should know before the weekend. 1 Gold slump drags the TSX lower The S&P/TSX Composite fell 274.53 points (-0.75%) to 36,137.19 on Thursday as materials sank 3.2% and gold dropped about 3% to roughly US$3,878 an ounce, its lowest level in more than a year. Wall Street slipped too: Dow 52,297.09, S&P 500 7,592.40, Nasdaq 25,366.09. The TSX is now about 2.5% below its August record of 37,069. Futures were flat early Friday as gold bounced 0.4%. What it means for you: Gold miners carry real weight in Canadian index funds. Check how much of your TFSA or RRSP leans on materials, and avoid reacting to a single down day. 2 Loonie slips to a one-month low as US inflation widens the rate gap The Canadian dollar closed Thursday at US$0.7015 (C$1.4255 per US$1), its weakest close si...
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Stock Market today, August 23, 2023: Surging Optimism Sweeps US Stock Markets: S&P Composite and Market-wide Gains



S&P Composite Index Surges Nearly 200 Points: Echoes of Confidence

In a remarkable surge, the S&P Composite index soared by nearly 200 points, signaling a resounding wave of optimism sweeping through the financial landscape. This considerable uptick reflects a robust momentum in the market, with investors seemingly buoyed by positive economic indicators and corporate performances. The rally in the S&P Composite index underscores the growing confidence in the economy's recovery and hints at a broader market sentiment that transcends individual sectors.

Broad Market Momentum: US Stock Markets Ascend Amidst Positive Indicators

The upbeat trend extends beyond the S&P Composite index, as the entire spectrum of US stock markets witnessed a notable climb. This synchronicity of upward movement is likely fueled by a combination of factors, including solid earnings reports, upbeat economic data, and prevailing accommodative monetary policies. While market fluctuations are inherent, this collective upswing points towards a market that is finding solid footing amidst prevailing uncertainties, potentially serving as a testament to the resilience of the US economy and the underlying confidence of market participants.















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