TSX, S&P 500 and Nasdaq rally as oil slidesUpdated Nov 10, 2026 7:02am ET Markets: The S&P/TSX Composite finished yesterday at 36,446.26, up 657.17 points or 1.84%, the S&P 500 at 7,549.94, up 173.08 or 2.35%, and the Nasdaq Composite at 25,253.14, up 673.72 or 2.74%. US stocks recovered most of last week's big losses as oil prices swung lower, and in Canada basic materials helped lead the gain. In overnight trading, oil was at US$85.60, down 1.25 or 1.44%, as Iran tensions eased, and gold was at US$4,080.7, down 33.8 or 0.82%. Federal Reserve Governor Christopher Waller said he would vote for a 0.25% rate increase at the December meeting and raised the possibility of a half-point hike, depending on how hot October consumer price data comes in. The S&P/TSX Venture Composite finished yesterday at 836.03, up 14.00 or 1.70%, and the CSE Composite at 133.07, up 2.71 or 2.08%. Oil: Brent crude dropped below $90 a barrel early today, the first time since August, after US President Donald Trump again pointed to possible de-escalation in the Middle East and said strikes on Iran were not needed. Front-month Brent had fallen to $89.70, and WTI, the US benchmark, traded below $85. Nvidia: Shareholders sued Nvidia and chief executive Jensen Huang over his relationship with a woman suspected of being a Chinese spy, and Huang has admitted to the affair. Trump said the FBI is investigating, after speaking with Huang. China denied a plot to ensnare him and called the spying claims unsubstantiated, a smear against Beijing. Anthropic: Anthropic is seeking up to $64.4 billion in an IPO, according to reports, and is targeting a valuation of more than $1 trillion. The company would also raise $26-billion through a separate private placement with cornerstone investors, a group that includes Google and Nvidia. Enghouse Systems: Enghouse Systems said it signed a merger agreement today to acquire MIND C.T.I. Ltd. in an all-cash deal, broadening its telecom and enterprise UC offerings. The Markham, Ontario company describes itself as a global provider of enterprise software solutions for select vertical markets. Stellantis: Stellantis signed an agreement to sell its idled Brampton, Ont., assembly plant to Roshel, a Canadian defence contractor, for an undisclosed amount. Unifor's president said the deal betrayed the union's members. The industry minister asked the automaker to meet government officials and the union this week over protecting jobs in the Ontario city. Total Metals: Total Metals said follow-up chip sampling at its Menary Gold Property in Northwestern Ontario returned gold values up to 102 g/t. The company located the project 18 km northeast of the Rainy River Gold Mine, along the border of Coeur Mining's Rainy River claims in Ontario. Alphamin: Alphamin Resources signed an agreement to send part of the tin concentrate output of its Bisie mine in the Democratic Republic of Congo to Nathan Trotter in the US. A separate report described the destination as a new US smelter, with Alphamin listed on the TSX Venture. Collective Mining: Collective Mining reported that hole APC171-D3, its deepest to date, expanded the Ramp Zone in several directions and more than doubled its vertical extent. The company cut 5.75 g/t AuEq over 44.55 m, including 11.06 g/t AuEq over 21.40 m (10.78 g/t Au and 15 g/t Ag), starting 1,274 m below surface inside the Mineral Resource. Christina Lake Cannabis: Christina Lake Cannabis said its Special Committee finished reviewing unsolicited proposals and rejected them, so the company will remain independent. The committee judged that better prospects and the 2026 harvest offer more value if the company stays on its own path. Market data
Index levels are Monday's close, the previous session. Commodities and currencies are overnight trading. Nov 10, 2026 7:00am ET TSX Venture most active
Nov 9, 2026 4:45pm ET TSX Venture gainers
Nov 9, 2026 4:45pm ET CSE most active
Nov 9, 2026 4:44pm ET CSE gainers
Nov 9, 2026 4:44pm ET Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice. |
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