Canada: TSX Fluctuates Amid Wall Street Tech Selloff.

The S&P/TSX Composite Index fluctuated around 36,000 as a technology selloff spilling over from Wall Street weighed on equities, though gains in defensive stocks helped offset the decline. The Nvidia leadership crisis triggered another rout in the technology sector. Beyond CEO Huang’s resignation over an alleged relationship with a suspected Chinese spy, Nvidia faces heightened regulatory scrutiny, including probes into whether US export restrictions were circumvented in sales to Chinese companies. Dip buyers remained cautious on the AI trade ahead of Nvidia’s earnings next week. Celestica fell nearly 6%, while Constellation Software and Shopify were volatile. Meanwhile, major banks were subdued as volatile oil prices heightened inflation concerns amid expectations for a BoC rate hike before year-end, with RBC and TD Bank edging lower. In contrast, energy producers posted gains. The index was set for a weekly gain of nearly 1%.