S&P/ TSX Composite: Friday rebound sets Monday watchlist
Published on 11/09/2026 at 13:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSWhat matters before Toronto opens
- The S&P/TSX Composite closed Friday at 35,789.09 points, gaining 0.52 percent.
- Friday's rebound followed a sharp technology-led sell-off and a volatile week shaped by the U.S. midterm elections.
- TSX 60 futures were up 0.7 percent early Monday as lower oil prices eased inflation concerns.
- Investors are watching the Bank of Canada's market survey, corporate earnings and Tuesday's U.S. inflation data.
The S&P/TSX Composite enters Monday, November 9, 2026, ahead of the Toronto market open after a positive but unsettled end to the previous week. The index closed Friday, November 6, at 35,789.09 points, up 183.82 points, or 0.52 percent. The closing level and daily performance are shown by S&P Dow Jones Indices.
Friday rebound after volatile trading
Friday's advance recovered part of the damage from the preceding session, when the benchmark fell sharply as technology and base-metal shares weakened alongside a global sell-off in growth stocks. The Canadian Press reported that investors were still assessing the economic and market implications of the U.S. midterm elections, while also digesting Canada's federal budget and recent corporate earnings. The report described Friday's move as a bounce rather than a conclusive change in trend. Read the full account from The Canadian Press.
Futures signal a firmer start
Early Monday positioning was constructive but not unambiguously bullish. Reuters reported that December futures on the S&P/TSX 60 were up 0.7 percent at 6:16 a.m. Eastern time, while lower oil prices helped moderate inflation concerns. The signal comes as U.S. equity futures also attempted a recovery, although Nvidia's pre-market decline and continuing questions about the durability of the artificial-intelligence investment cycle kept technology sentiment fragile.
Data and earnings in focus
Monday's domestic calendar includes the Bank of Canada's third-quarter Market Participants Survey. According to BNN Bloomberg, Barrick Mining is scheduled to report before the market, while iA Financial, Peyto Exploration and Endeavour Silver are due after the close. The more important macro test arrives Tuesday with the U.S. Consumer Price Index for October, which may influence expectations for Federal Reserve policy and, in turn, Canadian equity valuations.
For the S&P/TSX Composite, the setup is therefore a potential continuation of Friday's recovery rather than a confirmed trend reversal. Financials, energy and materials remain important index drivers, while global technology sentiment and interest-rate expectations could determine whether early strength holds through the Toronto session. Further coverage is available on the S&P/TSX Composite topic page.
