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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: Indices Rebound as Investors Seek Recovery

US stock futures are pointing to gains today as investors look to build on Tuesday’s trading session that snapped a three-day losing streak. After a bruising sell-off on Monday, traders have recovered some losses, and the market is showing signs of resilience.

Key Points:

  1. Tuesday’s Rebound: The S&P 500 and Nasdaq 100 rose about 1% in Tuesday’s trading session, driven by investor optimism. Concerns about an imminent recession have subsided, and the CBOE Volatility Index (VIX) plunged 29%, indicating that investors are buying the dip.

  2. Normal Market Behavior: Wall Street strategists emphasize that sharp declines in equity prices are normal. Pullbacks and corrections of 10% or more are typical in any bull market. Despite recent volatility, the overall economic outlook remains positive.

  3. Goldman Sachs CEO’s Perspective: Goldman Sachs CEO David Solomon downplayed the need for emergency interest rate cuts by the Federal Reserve. He believes the US economy will continue to grow, and a recession is unlikely.

  4. Sector Gains: The gains on Tuesday were broad-based, with sectors like technology (Nvidia and Meta Platforms) and healthcare (Eli Lilly) showing strength.

In summary, while market fluctuations can be unsettling, today’s rebound reflects investor confidence and a belief in the underlying strength of the economy.



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