S&P/ TSX Composite: Thursday sell-off leaves cautious Friday pre-open
Published on 11/13/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFriday setup for Canadian equities
- The S&P/TSX Composite closed Thursday at 36,137.19 points, down 0.75 percent.
- Base metals and lower gold prices weighed on the index, while energy was comparatively firmer.
- Canadian manufacturing and wholesale-trade data are scheduled alongside US producer-price figures.
The S&P/TSX Composite starts Friday, November 13, 2026, with a cautious setup after Thursday's decline. The Canadian benchmark closed at 36,137.19 points, down 274.53 points, or 0.75 percent, according to The Canadian Press, published by Town and Country Today. The previous session had ended at 36,411.72 points, a level shown by S&P Dow Jones Indices for November 11.
Materials remain the main drag
Thursday's losses were concentrated in base metals, with the Canadian Press attributing the weaker index to selling in that sector. The same report placed the December gold contract at 3,885.30 US dollars per ounce, down 115.20 US dollars, while December crude oil rose 2.21 US dollars to 88.74 US dollars per barrel. The commodity mix was therefore negative for precious-metals and mining sentiment but more supportive for energy exposure.
A separate Reuters report carried by Investing.com said materials, renewable energy and clean-technology shares were among the weaker groups. Cargojet, Canadian Tire and Celestica were the strongest named gainers, while Aya Gold & Silver, Curaleaf and Discovery Mining were among the decliners. Those individual moves describe Thursday's breadth, not a forecast for Friday.
Global signals and scheduled data
US equities also finished lower on Thursday. Yahoo Finance's Friday market review reported declines of 0.4 percent for the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite. The report cited market attention on Nvidia's CEO departure, Iran-related tensions and expectations for a December Federal Reserve rate increase. These are broader market considerations rather than a direct reading of the Toronto open.
Friday's calendar provides several potential catalysts after the North American session begins. Morningstar's Dow Jones morning briefing lists Canada's September monthly survey of manufacturing and wholesale trade, alongside the US October producer-price report. Canadian earnings also remain active, including reports from several energy, mining, industrial and financial companies.
Further coverage of the S&P/TSX Composite is available on the index topic page.
