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Weekly Market Snapshot: Stocks Rally Despite Nvidia Shock and 5% Treasury Yields (Nov 9–13, 2026)

Canadian Money Brief | Weekly Market Snapshot Stocks Rally Despite Nvidia Shock and 5% Treasury Yields Week of November 9–13, 2026 | Published Sunday, November 15, 2026 Wall Street had its best week since August, the TSX eked out a gain, and the Canadian dollar took a beating. Here is what moved markets from November 9 to 13, and what it could mean for your mortgage, your savings and your portfolio. The week in four lines TSX: up 0.9% to 36,105.90, a smaller gain than the U.S. as gold and base metals sold off. Wall Street: S&P 500 up 2.5% and Nasdaq up 2.3%, despite a hot inflation print and Nvidia’s CEO resigning. Bonds and the loonie: the U.S. 10-year yield hit about 5.15%, and the Canadian dollar slid to about 70.1¢ US. Commodities: oil fell for a second straight week, while gold dropped 4.6% to below US$4,000. Canada: TSX Edges Higher, Loonie Slides The S&P/TSX Composite finished Friday at 36,105.90 , down 31.29 points on the day but up about 317 points, or 0.9%, from t...
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U.S. Economy Ends 2023 with Strong Job and Wage Growth


The U.S. economy added 312,000 jobs in December, beating analysts’ expectations and marking the biggest monthly gain since February. The unemployment rate rose slightly to 3.9%, but for a positive reason: more people entered the labor force, looking for work.

The labor market also showed signs of strength in wage growth, which increased by 3.2% over the year, the fastest pace since 2009. This suggests that employers are competing for workers and offering higher pay to attract and retain them.

The strong job and wage numbers cap off a solid year for the U.S. economy, which grew by an estimated 3% in 2023, the highest rate since 2015. However, some challenges remain, such as the ongoing trade tensions with China, the partial government shutdown, and the volatility in the stock market.

The Federal Reserve, which raised interest rates four times in 2023, is expected to continue its gradual tightening of monetary policy in 2024, but may adjust its pace depending on the economic data and the market conditions.



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U.S. Job Growth Exceeds Expectations in December, Wages Rise Solidly

According to the Bureau of Labor Statistics, the U.S. economy added 514,000 jobs in December, exceeding expectations. The unemployment rate fell to 3.9%. The report also showed that wages rose solidly, with average hourly earnings increasing by 0.5%. This is a positive sign for the U.S. economy, which has been recovering from the pandemic.

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