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TSX Slips as Gold Sinks to a 1-Year Low and Nvidia’s CEO Exits | Daily Markets Update, Nov 13

  CANADIAN MONEY BRIEF · DAILY MARKETS UPDATE Friday, November 13, 2026 · Covers Thursday’s closes plus Friday’s Asia and early Europe trading Canada’s main stock index slipped Thursday as a 3% plunge in gold dragged down miners, while Wall Street ended lower after Nvidia’s CEO resigned. Bond yields jumped, oil rebounded and the loonie sagged. Here is the full wrap. The Short Version TSX closed at 36,137.19, down 0.75%, about 2.5% below its record of 37,069.11 set in August. Gold hit its lowest close in more than a year as the U.S. dollar and Fed hike bets surged. Wall Street slipped ~0.4% as Nvidia fell 4.3%. The U.S. 10-year yield jumped back above 5%. Europe’s STOXX 600 set a record close Thursday, then eased Friday. Asia was mixed. 🇨🇦 Canada: Gold Drags the TSX Lower Index / Metric Close Change S&P/TSX Composite 36,137.19 −274.53 (−0.75%) TSX Venture Exchange 802.78 −14.24 (−1.7%) Canadian dollar (US cents) 70.14¢ −0.04¢ The S&P/TSX Composite closed near its session l...
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Wall Street Ends Tumultuous Week on a High Note

 

Wall Street wrapped up a volatile week with a positive finish, as major U.S. stock indexes rebounded on Friday. The Dow Jones Industrial Average climbed 1.6%, the S&P 500 rose 1.8%, and the tech-heavy Nasdaq Composite gained 2.1%. 

This recovery followed a week of dramatic swings, largely driven by escalating trade tensions between the United States and China. President Trump's tariff policies created uncertainty in the markets, with reciprocal tariffs reaching as high as 145% on Chinese imports. Despite the turbulence, optimism emerged after the White House hinted at potential progress in trade negotiations.

Investors remain cautious, as the broader market is still down year-to-date. However, Friday's gains provided a much-needed boost to close out a rollercoaster week on a hopeful note.

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