TORONTO – Canada's main stock index experienced a notable increase, rising by more than 100 points during late-morning trading. This positive trend was mirrored in U.S. stock markets, which also showed gains following the strong financial results reported by tech giant Nvidia.
Nvidia, known for its advancements in artificial intelligence technology, released its earnings results after the market closed on Wednesday. The company reported substantial growth in both profit and revenue, driven primarily by the escalating demand for its specialized chips that facilitate AI operations. This strong performance played a significant role in uplifting the stock markets across North America.
As of the latest figures, the S&P/TSX composite index, which tracks the performance of major Canadian stocks, was up by 143.14 points, reaching a total of 30,421.55. This increase reflects the overall positive sentiment in the market as investors reacted favorably to Nvidia's financial disclosures, showcasing their confidence in tech-driven growth.
The U.S. markets also registered significant gains. The Dow Jones industrial average climbed by 329.77 points, bringing the index to 46,468.54. Similarly, the S&P 500 index rose by 62.01 points to settle at 6,704.17, while the Nasdaq composite, heavily weighted towards technology stocks, enjoyed an increase of 263.81 points, reaching a total of 22,828.04. Such upward movements across these indexes indicate a broader market rally, largely fueled by positive news from technology sectors.
The performance of the Canadian dollar saw a slight dip, trading at 71.05 cents U.S., down from 71.23 cents U.S. on Wednesday. This fluctuation in currency value is indicative of the ongoing economic environment and market reactions to various factors, including global trade and investor sentiment.
In the commodities market, the January crude oil contract recorded an increase of 59 cents U.S., pushing the price to US$59.84 per barrel. In contrast, the December gold contract experienced a decline, decreasing by US$4.40 to settle at US$4,078.40 an ounce. These movements in commodity prices reflect the fluctuating dynamics of supply and demand influenced by economic indicators and geopolitical factors.
The Canadian Press first published this report on November 20, 2025, capturing a snapshot of the financial landscape at that time. Investors and analysts continue to monitor these developments closely, as they can have significant implications for market trends going forward.
As the stock markets reflect the performance of major companies like Nvidia, the emphasis on technology continues to be a driving force in the market. The resilience in these sectors demonstrates the important role they play in shaping economic growth and investor confidence in both Canadian and U.S. markets.
Overall, the performance in stock indices, currency value shifts, and commodity price variations paint a complex picture of the market in late November 2025, illustrating both challenges and opportunities within the financial ecosystem.
