TD Bank announced a $10 billion share buyback as Wall Street steadied on cooling inflation and solid US GDP growth data.
TD Bank announced a $10 billion share buyback as Wall Street steadied on cooling inflation and solid US GDP growth data.

Markets held steadier today, wrapping up a volatile month on an encouraging note as fresh data showed the U.S. economy growing solidly and inflation cooling slightly. The TSX edged up 0.01% and the TSX Venture Index was similarly flat, up 0.01%, while the Nasdaq gained 0.63%; the Dow slipped 0.04% and the FTSE 100 fell 0.34%.

Oil rose 1.66% while gold and copper both eased slightly, down 0.08% and 0.18% respectively, and Bitcoin gained 0.97% to above C$119,000. The euro tested a 16-month low near $1.1310, and at home, Stelco’s layoffs are exposing a broader domino effect of tariffs rippling through Canada’s supply chain.

Market numbers

TSX: Up (+0.01%) 35,462.52

TSXV: Up (+0.01%) 887.36

DOW: Down (-0.04%) 51,392.8

NASDAQ: Up (+0.63%) 30,587.4

FTSE 100: Down (-0.34%) 10,621.12

In the headlines

  • TD Bank announces up to $10 billion share buyback: TD Bank (TSX:TD), one of Canada’s largest financial institutions, announced plans to repurchase up to $10 billion of its own shares. The move signals confidence in the bank’s capital position and is expected to support its share price.
  • DeepSeek partners with Huawei on chip programming tools, cutting Nvidia reliance: DeepSeek, the Chinese artificial intelligence company, is partnering with Huawei (SHE:002502), the Chinese technology giant, to develop chip programming tools that would reduce dependence on Nvidia (NASDAQ:NVDA). The partnership reflects China’s continued push toward domestic AI hardware self-sufficiency amid ongoing U.S. export restrictions.

Currencies

USD: Up (+0.01%) $0.7045

GBP: Down (-0.41%) $0.5302

EUR: Down (-0.12%) $0.62059

JPY: Down (-0.27%) ¥110.554

AUD: Up (+0.49%) $1.0127

Bitcoin (BTC/CAD): Up (+0.97%) 119,913.8

(Conversion to C$1)

Commodities

Copper: Down (-0.18%) 6.68110

Gold: Down (-0.08%) 4,179.02

WTI: Up (+1.66%) 88.70

Natural Gas: Down (-1.16%) 2.987

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 TD Bank and DeepSeek on September 30th, 2026, on Stockhouse’s stock forums and message boards.

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