Canada's main stock index slipped on Monday, as investors digested a local inflation print, while caution swept across markets ahead of Nvidia's results and the resumption of U.S. government data releases.
The TSX ditched 133.55 points to 30.192.91.
The Canadian dollar skidded 0.1 cents to 71.23 cents U.S.
In corporate news, Reuters reported that the board of Barrick Mining has raised the possibility of splitting the company into two separate entities, citing sources close to the company. Barrick shares began the day and the week up 28 cents to $52.28.
On matters macroeconomic, Statistics Canada says foreign investors added $31.3 billion of Canadian securities to their holdings in September, closing the third quarter with investments totaling $80.3 billion.
Meanwhile, Canadian investors acquired $22.1 billion of foreign securities in September, for a total of $57.6 billion in the third quarter.
In September, 168,731 new motor vehicles were sold in Canada, up 1.2% from September 2024.
The agency’s consumer price index for October rose 2.2% year over year in October, down from a 2.4% increase in September. On a seasonally adjusted monthly basis, the CPI rose 0.1% in October.
Finally, the Canadian Real Estate Association reported Monday that the number of home sales recorded over Canadian MLS® Systems edged up 0.9% on a month-over-month basis in October 2025, marking six monthly gains in the last seven months.
ON BAYSTREET
The TSX Venture Exchange eked higher 3.55 points to 883.43.
Eight of the 12 TSX subgroups were negative in the first hour, weighed most by information technology, down 0.5%, industrials, sliding 0.2%, and utilities, off 0.1%.
Financials and telecoms proved the only two gainers, each up 0.02%, while health-care and gold each were unchanged.
ON WALLSTREET
Stocks seesawed on Monday as Wall Street awaited a number of key releases this week, including Nvidia earnings and the September jobs report.
The Dow Jones Industrials index gave back 3.92 points to 47,143.56.
The S&P 500 gained 18.32 points to commence Monday trading at 6,762.43
The NASDAQ barreled 139.77 points to 23,040.36.
Alphabet rose more than 5% after Warren Buffett’s Berkshire Hathaway revealed it had taken a stake in the Google and YouTube parent.
Investors were encouraged that Berkshire still finds value in the AI name after a big run this year, although Warren Buffett himself likely was not directly responsible for the purchase, but rather his two equity managers.
Artificial intelligence chip darling Nvidia was down nearly 1% ahead of the company’s third-quarter results, which are slated for release after the bell on Wednesday.
The chipmaker and other names in the AI trade were a source of recent pressure as investors have grown anxious about stretched valuations.
The NASDAQ ended last week down 0.5%, led by declines in Alphabet as well as Amazon, Broadcom and Meta Platforms.
The Dow and S&P 500 eked out small gains last week, though they suffered steep declines on Thursday.
Prices for the 10-year Treasury edged up slightly, lowering yields to 4.14% from Friday’s 4.15%. Treasury prices and yields move in opposite directions.
Oil prices inched up five cents to $60.14 U.S. a barrel.
Gold prices stumbled $18.40 to $4,075.80 U.S. an ounce.
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