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Weekly Market Snapshot: Stocks Rally Despite Nvidia Shock and 5% Treasury Yields (Nov 9–13, 2026)

Canadian Money Brief | Weekly Market Snapshot Stocks Rally Despite Nvidia Shock and 5% Treasury Yields Week of November 9–13, 2026 | Published Sunday, November 15, 2026 Wall Street had its best week since August, the TSX eked out a gain, and the Canadian dollar took a beating. Here is what moved markets from November 9 to 13, and what it could mean for your mortgage, your savings and your portfolio. The week in four lines TSX: up 0.9% to 36,105.90, a smaller gain than the U.S. as gold and base metals sold off. Wall Street: S&P 500 up 2.5% and Nasdaq up 2.3%, despite a hot inflation print and Nvidia’s CEO resigning. Bonds and the loonie: the U.S. 10-year yield hit about 5.15%, and the Canadian dollar slid to about 70.1¢ US. Commodities: oil fell for a second straight week, while gold dropped 4.6% to below US$4,000. Canada: TSX Edges Higher, Loonie Slides The S&P/TSX Composite finished Friday at 36,105.90 , down 31.29 points on the day but up about 317 points, or 0.9%, from t...
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Canada Dodges Major Impact in Trump's Tariff Storm

In a sweeping move, U.S. President Donald Trump announced retaliatory tariffs targeting imports from dozens of countries. While Canada wasn't entirely spared, it avoided the harshest measures. The new tariffs include a 25% levy on foreign-made automobiles, which could have significant implications for Canada's auto industry. However, Canada is exempt from the baseline 10% tariff applied to other nations.

Trump's administration claims these tariffs aim to bolster domestic manufacturing, but critics warn of potential economic fallout, including higher consumer prices and strained international relations. Canada, already facing tariffs on steel, aluminum, and energy, remains cautious as bilateral tensions continue to rise.

Prime Minister Mark Carney has vowed to address these challenges, emphasizing the importance of preserving Canada's economic stability amid shifting trade dynamics. The situation underscores the delicate balance between maintaining trade partnerships and navigating protectionist policies.

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