(Stock image generated with AI.)

Canada’s main stock index posted modest gains on Tuesday, supported by strength in energy and materials shares as commodity prices held firm. The S&P/TSX Composite edged higher, with gold and oil prices providing a lift despite mixed performance across other sectors. Financials and telecom also contributed to the advance, while some technology names lagged.

In the US, markets rotated out of big tech following recent rallies. Trading volumes were lighter than usual during the Veterans Day holiday, with bond markets closed. Commodity-linked stocks saw some buying interest, but overall sentiment remained cautious ahead of key inflation data later in the week.

TSX30,409.25+92.62TSX
TSXV905.82-2.42TSXV
CSE167.30/td>-4.27CSE
DJIA47,927.96+559.33DJIA
NASDAQ23,468.30-58.87NASDAQ
S&P 5006,846.61+14.18S&P 500

The Canadian dollar traded for 71.37 cents US compared to 71.33 cents US on Monday.

US crude futures traded $0.87 higher at US$61.00 a barrel, and the Brent contract rose $0.89 to US$67.27 a barrel.

The price of gold was up US$13.02 to US$4,126.59.

In world markets, the Nikkei was up 635.39 points to ¥50,911.76, the Hang Seng was up 407.23 points to HK$26,649.06, the FTSE was up 112.45 points to ₤9,899.60, and the DAX was up 128.07 points to €24,088.06.


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.


More From The Market Online

Every weekend, the market plays the same game: Is the Strait of Hormuz open or closed?

Every weekend since the war began on February 28, traders have waited to find out whether the Strait of Hormuz is actually open or…

The 5-Minute Investor Podcast, Ep. 69: Gaming’s new dark reality

The opportunity is not hardware but companies can profit from valuable game IP, digital distribution, subscriptions, and gaming ecosystems.
The PlayStation 5 Pro promotional image.

Sony CEO sells more than half company stock after PlayStation abandons physical media

Sony (NYSE:SONY) CEO Hiroki Totoki sold 225,000 shares worth roughly US$4.7 million, reducing his stake in the company by about 56 per cent.

Missiles in the Middle East! War fears push oil prices higher, Xiaomi and BYD battle for market share – Is this dynaCERT’s moment?

The global geopolitical situation remains tense. The ceasefire between the United States and Iran has effectively collapsed. The night before last, US forces once…