TSX today: what to watch on Thursday, Nov. 12

TSX opens Thursday after Wednesday’s 241-point gain, with Nvidia shares down in after-hours trading, Canadian Tire reporting third-quarter results and Statistics Canada due to release building permits for September. The S&P/TSX composite index closed up 241.27 points, or 0.667 per cent, at 36,411.72 on Wednesday, according to TMX Money.

TMX Money showed the index up 14.817 per cent so far this year and 2.223 per cent for the month, with Wednesday’s range at 36,239.37 to 36,495.13. Our Wednesday close report has the sector detail, and our Wednesday preview has the background on Tuesday’s drop.

On Wall Street on Wednesday, the Associated Press reported that the S&P 500 rose 98.45 points to 7,619.38, the Dow Jones industrial average added 254.60 to 52,486.49 and the Nasdaq composite gained 400.31 to 25,466.19, as a rebound in artificial intelligence stocks led by CoreWeave lifted the market. The Associated Press said early Thursday that the S&P 500 future slipped 0.4 per cent and the Dow future was nearly unchanged, after Nvidia shares fell 8.6 per cent in after-hours trading on reports that its board was meeting late Wednesday to discuss the situation surrounding chief executive Jensen Huang.

Overseas, the Associated Press said Germany’s DAX rose 1.0 per cent to 26,939.92 and Britain’s FTSE 100 gained 0.3 per cent to 10,868.98 in early trading, while Japan’s Nikkei 225 shed 0.7 per cent to 60,819.36 and Hong Kong’s Hang Seng lost 1.3 per cent to 24,008.55. It said U.S. benchmark crude rose 0.8 per cent to US$87.26 a barrel and Brent added 0.8 per cent to US$93.53. The U.S. bond market reopens Thursday after closing Wednesday for Veterans Day.

On the economic calendar, Statistics Canada is scheduled to release building permits for September at 8:30 a.m. ET, along with its leading indicator of international arrivals for October. The consumer price index for October follows Monday, Nov. 16, and our Money Week Canada calendar lists the dates ahead.

On earnings, Canadian Tire Corporation, Limited (TSX:CTC.A) reported third-quarter diluted earnings per share of $4.27 before the open, with a conference call at 8 a.m. ET. After the close Wednesday, Franco-Nevada Corp. (TSX:FNV) said third-quarter revenue rose 13 per cent to US$549.3 million and net income rose 38 per cent to US$395.5 million, or US$2.05 per share, with a call at 8 a.m. ET Thursday. Power Corporation of Canada (TSX:POW) reported net earnings of $1,006 million, or $1.60 per share, compared with $703 million, or $1.10 per share, a year earlier, and adjusted net earnings of $964 million, or $1.53 per share.

Figures are as of early Thursday, Nov. 12, 2026, and come from TMX Money, the Associated Press via The Canadian Press, Statistics Canada, Franco-Nevada, Power Corporation and Canadian Tire. Futures and overseas readings will change before the 9:30 a.m. ET open.

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This article is for information only and is not investment advice. Speak to a licensed adviser before making investment decisions.