Nasdaq up 1.60%, S&P 500 up 1.31% as CoreWeave eases AI worriesUpdated Nov 11, 2026 6:12pm ET Markets: The S&P/TSX Composite closed at 36,411.72, up 241.27 points or 0.67%, helped by gains in the technology sector as U.S. markets also advanced. The S&P 500 finished at 7,619.38, up 98.45 or 1.31%, and the Nasdaq Composite at 25,466.19, up 400.32 or 1.60%, as CoreWeave's results calmed worries about AI spending and set off a rally in AI cloud stocks. A summary of deliberations showed Bank of Canada policymakers see further rate increases as possible, though they are moving cautiously. In late-afternoon trading, oil was at US$86.53, up 0.57%, with Iran war uncertainty returning even as Persian Gulf supply recovers, while gold was at US$4,000.5, down 0.74%. The S&P/TSX Venture Composite closed at 817.02, down 5.07 points or 0.62%, and the CSE Composite at 133.86, up 0.93 or 0.70%. CoreWeave: CoreWeave shares jumped more than 20 per cent after strong revenue growth from its heavy spending and a signal that it is pulling back from the borrowing that had fed AI bubble fears. The company lifted its full-year revenue outlook and ruled out tapping unsecured debt markets. Other battered AI cloud names rallied, and Nvidia rebounded after a wipeout of about US$430 billion in market value. Altius and TNR Gold: Altius Minerals will buy TNR Gold in an all-share transaction worth C$122 million, with TNR holders receiving 0.0072 of an Altius share each under a plan of arrangement. Activist Eucalyptus backs the transaction, which appears aimed at ending a prolonged fight over board control at the royalty company. TNR rose 40.00% on heavy TSX Venture volume. Barrick: Barrick Mining has filed for a New York listing of a new subsidiary that will own its North American gold assets, to be named American Barrick Gold Corporation. A $1.25B dividend plan accompanies the filing. One report described the offering as central to Barrick's effort to regain investor favour after years of lagging performance. PMET Resources: PMET Resources' revised study of the CV5 deposit within its Shaakichiuwaanaan lithium project in Quebec counts tantalum as a co-product. That lifts after-tax net present value to CA$5.1 billion, more than triple the lithium-only study issued last October. The company is targeting an investment decision in late 2027. Lithium Americas: The cost estimate for Phase 1 of the Nevada lithium project Thacker Pass climbed 31 per cent to US$3.83 billion, Lithium Americas said, blaming pricier labour, construction and logistics. According to one trade report, the increase adds nearly $1 billion to the company's funding needs. GR Silver: GR Silver Mining reported drilling at its San Marcial project in Mexico that cut silver grading 311 g/t in the SE Area, with a top interval of 4,232 g/t. The Parallel Breccia target returned 1,164 g/t silver along with 0.6% Cu and 0.37% W. The company said the holes come from its current 20,000-metre program. Stellantis Brampton: Stellantis signed an agreement to sell its long-idle Brampton, Ont., assembly plant to defence contractor Roshel. Prime Minister Mark Carney called the sale unacceptable, saying it breaks the automaker's commitments tied to federal funding. Ontario Premier Doug Ford separately wrote to the prime minister urging that Chinese-made EV kits not be assembled at the site. Fresh Prep: Fresh Prep Foods has received court permission to buy rival Goodfood Market, the distressed Montreal-based meal-kit business that sought creditor protection in August as sales dropped. According to coverage of the ruling, the court-approved purchase widens Fresh Prep's cross-country footprint. Market data
Closing index levels; commodities and currencies are late-afternoon trading, not settlements. Nov 11, 2026 6:10pm ET TSX Venture most active
Nov 11, 2026 4:45pm ET TSX Venture gainers
Nov 11, 2026 4:45pm ET CSE most active
Nov 11, 2026 4:44pm ET CSE gainers
Nov 11, 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. Also on Nov 11, 2026
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