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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 Opens 2025 with a Dip as Tesla's Delivery Woes Weigh Down Market


Wall Street kicked off 2025 on a somber note as the Dow Jones Industrial Average fell by 248.02 points (-0.58%) to 42,296.20. The S&P 500 and Nasdaq Composite also experienced slight declines, with Tesla's disappointing delivery figures being a significant drag on the market.

Despite the overall market downturn, there were some bright spots. Chipmakers Nvidia and Broadcom saw their shares rise, and crypto-linked stocks like **MicroStrategy** also gained. Analysts remain optimistic about the year ahead, predicting strong growth, albeit at a slower pace compared to previous years.

Investors are now looking ahead to see if the market can recover from this initial stumble and build momentum as the year progresses.




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