Canadian markets opened lower on Friday, with the TSX slipping more than 1% following a sharp selloff in global tech stocks. The Nasdaq continued to weaken after a 2.2% drop in the previous session, as investors reassess whether artificial intelligence enthusiasm may have run ahead of fundamentals.
Market numbers
TSX: Down (1.23%), 29,906.55
TSXV: Down (2.78%), 849.17
DOW: Up (0.41%), 46,016
NASDAQ: Up (0.47%), 24,190.00
FTSE: Up (0.28%), 9,530.50
In the headlines
- Bell Canada cuts nearly 700 jobs – BCE (BCE.TO) is trimming its workforce as part of a broad effort to stabilize long-term performance amid shifting media and telecom economics.
- Chip stocks seesaw on AI doubts – Semiconductor names including TSM, ASML, AVGO, MU, AMD, INTC, and NVDA bounced around pre-market as investors weigh the possibility of an AI bubble and digest Thursday’s heavy tech-sector losses.
Currencies
USD: Down (0.01%), $0.7089
GBP: Down (0.06%), $0.5419
EUR: Up (0.13%), $0.6159
JPY: Down (0.43%), ¥111.22
AUD: Up (0.04%), $0.9078
Bitcoin (BTC/CAD): Down (3.27%), 118,079.20
(Conversion to C$1)
Commodities
Copper: Up (0.38%), 5.04438
Gold: Down (0.22%), 4,068.15
WTI: Down (1.54%), 57.96
Natural Gas: Up (4.73%), 4.693
To stay up-to-date on all of your market news head to Stockhouse.com.
Join the discussion: Find out what everybody’s saying about Bell and global chip makers for November 21st, 2025, on Stockhouse’s stock forums and message boards.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
