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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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Stock Market Today: Wall Street Bounces Back in Premarket Trading Following Monday’s Drubbing


In a remarkable turnaround, Wall Street is showing signs of resilience after Monday’s tumultuous session. As corporate earnings reports continue to roll in, investors are catching a break from their concerns about potential Federal Reserve interest rate cuts. Here’s a snapshot of the market dynamics:

  • Asian Shares React: Asian shares mirrored the slump on Wall Street, with the Shanghai Composite index declining by 1.7% to 3,007.07. Despite this, the Chinese government’s surprising report of a 5.3% annual growth rate in the first quarter of the year failed to buoy investor sentiment.

  • Yields and Pressure: The recent surge in U.S. bond yields has cranked up pressure on stocks. However, premarket trading indicates a bounce-back for Wall Street, offering hope to investors who weathered Monday’s drubbing.

As the market navigates these fluctuations, keep an eye on corporate earnings releases and the Fed’s policy signals. The road ahead remains uncertain, but today’s rebound provides a glimmer of optimism for traders and investors alike. Stay tuned for further developments.


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