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Daily Markets Update: TSX Rebounds, Europe Hits a Record, Nvidia Shock Rattles Asia (Nov. 12)

  CANADIAN MONEY BRIEF · DAILY MARKETS UPDATE Thursday, November 12, 2026 · Covers Wednesday’s close and Thursday’s Asian session Markets got their AI swagger back on Wednesday — and then Nvidia took some of it away overnight. A strong CoreWeave report lifted tech, pushed the S&P/TSX Composite higher and sent Europe to a record close, but reports that Nvidia’s board is weighing whether to remove CEO Jensen Huang rattled Asian chip stocks on Thursday and pointed U.S. futures lower. AT A GLANCE TSX: +0.67% to 36,411.72, recovering part of Tuesday’s hot-inflation drop. Wall Street: S&P 500 +1.31%, Nasdaq +1.60%, Dow +0.49% as CoreWeave revived the AI trade. Europe: STOXX 600 and Germany’s DAX both closed at records. Asia (Thursday): Taiex -2.63%, Nikkei -0.70% on Nvidia leadership worries. Gold slipped under US$4,000 on a firmer U.S. dollar; oil rebounded from two-month lows. Canada: TSX Claws Back Tuesday’s Loss The S&P/TSX Composite rose 241.27 points, or 0.67%, to...

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Wall Street Wraps Up Turbulent Week with Mixed Closing Amid Economic Uncertainty


1.  Mixed Performance and Ongoing Volatility Define Wall Street's Trading Day

In today's trading session, the Wall Street experienced a mixed and somewhat volatile performance, culminating in a closure that marked the end of yet another challenging week for investors. The major stock indices showcased a lack of clear direction, reflecting the ongoing uncertainty in the market. While some sectors managed to post modest gains, others faced persistent selling pressure, resulting in a divergent closing pattern.


2. Persistent Concerns: Economic Recovery, Inflation, and Geopolitical Tensions

Investor sentiment remained influenced by a combination of factors, including concerns about the global economic recovery, inflationary pressures, and geopolitical tensions. Market participants closely monitored economic data releases, particularly those related to job growth, consumer spending, and manufacturing activity, as these indicators provided insights into the health of the overall economy. Additionally, ongoing discussions about monetary policy and the potential for interest rate adjustments further contributed to the cautious mood on Wall Street.


3. Earnings Reports, Supply Chain Disruptions, and Regulatory Challenges Impact Market

As the trading week drew to a close, it became evident that the market continued to grapple with a level of unpredictability, making it challenging for investors to ascertain a clear trajectory. While some companies managed to impress with positive earnings reports, others faced setbacks due to supply chain disruptions and regulatory challenges. Overall, the mixed performance of Wall Street today underscores the delicate balance between optimistic and pessimistic forces at play in the current market landscape.









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