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Markets Diverge as TSX Flatlines, U.S. Indexes Notch New Highs

Investor caution after Nvidia’s slower AI‑chip momentum, despite strong bank results, left the TSX lagging record‑setting U.S. markets.

Overview

  • Canada’s S&P/TSX Composite finished essentially unchanged Thursday as the Dow and S&P 500 set fresh records and the Nasdaq advanced.
  • Nvidia beat quarterly forecasts but said AI‑chip sales rose more slowly than anticipated, and its shares dipped about 0.8% the next day.
  • TD Bank Group and CIBC capped a week of robust Canadian bank Q3 results, easing credit‑loss concerns that had hovered over the sector.
  • A spike in asylum claims at Quebec’s St‑Bernard‑de‑Lacolle revived calls from some physicians for on‑site health screening at land borders, including Emerson, where current rules give newcomers 30 days to see a doctor.
  • A new Winnipeg poll and letters to editors highlighted frustration with city basics and bylaw enforcement, including a fine over a small business’s surveillance cameras, alongside appeals for tougher policing and curbs on ‘hateful’ protests, while the Blue Bombers reported a Sept. 27 sellout that will mark 12 straight full houses.