Canadian investors returned from the Thanksgiving break to see the TSX move higher on Tuesday, supported by stable bond yields and firmer precious-metals prices. Those gains helped the Canadian market weather a broader global decline in semiconductor stocks.
Meanwhile, US equities fell as investors assessed a wave of earnings from major banks and reacted to a sharp overnight selloff in South Korea that weighed on memory-chip companies. Results from Wall Street’s banking and trading giants painted a mixed picture for the third quarter, with ongoing geopolitical conflicts, persistent inflation concerns, and uncertainty surrounding heavy AI-related spending continuing to create market volatility.
| TSX | 35,983.98 | +319.36 |  |
| TSXV | 860.93 | -13.10 |  |
| CSE | 147.99 | -3.29 | |
| DJIA | 51,670.10 | -180.45 | |
| NASDAQ | 27,204.38 | -41.52 | |
| S&P 500 | 7,805.45 | -1.79 | |
The Canadian dollar traded for 70.33 cents US compared to 70.09 cents US on Friday.
US crude futures traded US$0.50 lower at US$94.76 a barrel, but the Brent contract rose US$0.58 to US$106.30 a barrel.
The price of gold was down US$7.46 to US$4,159.38
In world markets, the Nikkei was down 1,253.40 points to ¥67,777.52, the Hang Seng was up 74.02 points to HK$24,345.22, the FTSE was down 7.16 points to ₤10,649.12, and the DAX was down 26.53 points to €25,251.15.