Market Open logo. (Source: Stockhouse. Edited with Google Gemini)

North American markets opened higher Thursday as investors reacted to Nvidia’s blockbuster earnings and a stronger-than-expected US jobs report. The TSX climbed more than 0.8% at the open, while the Dow and Nasdaq also pushed higher following Wednesday’s volatility.

Market sentiment was also influenced by Carney’s new UAE investment pact and the launch of Canada–UAE trade talks, alongside gold prices holding steady as investors temper expectations for aggressive US rate cuts.

Market numbers

TSX: Up 0.81%, 30,278.41

TSXV: Up 1.86%, 889.72

DOW: Up 1.35%, 46,844

NASDAQ: Up 0.94%, 25,186.25

FTSE 100: Down 0.31%, 9,504.0

In the headlines

  • Nvidia jumps on record earnings – Nvidia (NDAQ:NVDA) shares surged 6% after reporting record revenue and US$32B in quarterly profit, boosting sentiment across global tech markets.
  • Verizon announces 13,000 job cuts – Verizon (NYSE:VZ) plans a major restructuring that includes eliminating over 13,000 roles as it attempts to “reorient” the entire business.

Currencies

USD: Flat (0.00%), 0.7114,

GBP: Down (0.44%), 0.5422

EUR: Down (0.03%), 0.6165

JPY: Up (0.29%), 112.175

AUD: Up (0.28%), 0.91266

Bitcoin (CAD): Down (0.05%), 128,346.90

(Conversion to C$1)

Commodities

Copper: Down (0.19%), 5.09007

Gold: Down (0.06%), 4,076.11

WTI: Up (0.37%), 59.75

Natural Gas: Down (1.43%), 4.493

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 Nvidia and Verizon for November 20th, 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.


More From The Market Online

How could bank stocks benefit from a Bank of Canada rate hike?

Laurentian Bank of Canada (TSX:LB) could benefit from a potential Bank of Canada rate hike if higher loan rates expand lending margins.

A convention connecting investors with emerging microcap cannabis companies

Auxly Cannabis (TSX:XLY) will present at Planet MicroCap Toronto 2026 on October 28, with CEO Hugo Alves leading the company’s presentation.

@ the Bell: Markets slip on oil and AI concerns

Canadian stocks moved lower on Thursday as sinking gold and copper prices coupled with rising crude...