TSX today: what to watch on Monday, Nov. 9

TSX opens Monday after Friday’s 184-point gain, with Barrick Mining earnings, Strathcona Resources’ offer for Greenfire Resources, falling oil prices and rising gold in focus. The S&P/TSX composite index closed up 183.82 points, or 0.52 per cent, at 35,789.09 on Friday, according to TMX Money.

TMX Money showed the index up 12.85 per cent so far this year and 0.48 per cent for the month. Trading Economics said futures tracking Canadian equities rose early Monday after a dip in oil prices eased inflation worries, with banks and gold miners the sectors it named as getting a lift. Those readings will move before the 9:30 a.m. ET open. Our report on Friday’s close has the day’s movers.

On earnings, Toronto-based Barrick Mining Corporation (TSX:ABX) reported third-quarter net earnings of US$1.32 billion, or 80 cents per share, and kept its 2026 guidance. Trading Economics said Franco-Nevada Corp. (TSX:FNV) and Power Corporation of Canada (TSX:POW) are due to report on Wednesday.

In deals, Strathcona Resources said Sunday it will buy Greenfire Resources in a deal valued at up to C$2.9 billion including debt, according to Reuters as published by the BOE Report.

West Texas Intermediate crude traded at about US$86.84 a barrel early Monday, down 4.39 per cent from the previous day, according to Trading Economics, which said crude fell on hopes for U.S.-Iran diplomatic efforts. The same source put gold at about US$4,125.70 an ounce, up 1.36 per cent. We could not confirm a Canadian dollar quote on two sources at publication time and have left it out.

Last week Statistics Canada’s jobs report showed the unemployment rate at 6.7 per cent, which we covered in our Friday morning market story.

Figures are as of early Monday, Nov. 9, 2026, and come from TMX Money, Trading Economics, Barrick and the BOE Report.

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