S&P/ TSX Composite falls 31 points as AI stocks slide
Published on 11/13/2026 at 22:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTSX closes slightly lower Friday
- The S&P/TSX Composite ended Friday at 36,105.90 points, down 31.29 points or 0.09 percent.
- Technology and base-metals weakness offset support from defensive areas, while the index largely avoided the heavier impact of falling AI stocks in the United States.
- U.S. markets finished mixed, with the Dow higher and the S&P 500 and Nasdaq lower.
The S&P/TSX Composite finished Friday, November 13, at 36,105.90 points, down 31.29 points or 0.09 percent. The move followed Thursday's close at 36,137.19 points, according to a market report citing TMX Money and Reuters data. The benchmark therefore gave back only a small part of the previous session's decline.
The Canadian Press reported that Canada's main index finished in negative territory but largely avoided the weight of falling artificial-intelligence stocks. The Canadian dollar traded at 70.14 U.S. cents, compared with 70.15 U.S. cents on Thursday.
Technology and materials limit support
Technology and base-metals shares were among the areas weighing on the index during the session. An earlier market update from MT Newswires said information technology was the weakest-performing subgroup in mid-morning trading, down 2 percent, while base metals fell 1.6 percent. The report linked the technology pressure to a broader selloff in U.S. technology shares and noted that copper prices were lower at that stage.
Defensive areas provided some offset earlier in the day. Utilities and telecommunications were among the sectors gaining in late-morning trading, while oil prices remained comparatively firm. By the end of the session, the index's modest decline showed that these supports had not fully overcome weakness in growth-sensitive and resource-related shares.
Mixed signals from global markets
In New York, the Dow Jones Industrial Average rose 50.46 points, or 0.1 percent, to 52,347.55. The S&P 500 fell 30.73 points, or 0.4 percent, to 7,561.67, and the Nasdaq Composite declined 229.82 points, or 0.9 percent, to 25,136.27. The contrast left Canadian equities under less pressure than the U.S. technology-heavy market, even as international risk sentiment remained uneven.
Earlier in the session, Reuters reported that investors were assessing the impact of Jensen Huang's resignation as Nvidia chief executive on the artificial-intelligence trade. December futures on the S&P/TSX 60 were down 0.03 percent at 6:20 a.m. Eastern Time before regular trading.
For the S&P/TSX Composite, Friday's small loss left the index at a broadly stable level after the sharp decline on Thursday. More coverage is available on the S&P/TSX Composite topic page.
