| MARKET SNAPSHOT | ||||
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TSX Composite
35,532.28
-0.77%
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S&P 500
7,568.92
+0.35%
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Nasdaq
25,372.01
+0.80%
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Dow
51,786.72
-0.39%
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Oil (WTI)
96.76
-0.33%
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Gold (Spot)
3,940.20
+0.19%
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Copper
6.41
-0.30%
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USD/CAD
1.4007
+0.19%
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Bitcoin (BTC)
77,714.17
+1.36%
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Crypto Fear & Greed
26
Fear
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Stocks Split as Fiserv and Sysco Swing, TSX Slides
US stocks closed split on Tuesday, with the Nasdaq and S&P 500 higher while the Dow slipped, and the TSX fell harder as large-cap technology and diversified names weighed on the Canadian index alongside a softer loonie and sliding oil prices. The session’s biggest company stories were sharp individual moves rather than a single macro theme: Fiserv, Inc. (FISV) led all gainers with a 12.46% jump, DuPont de Nemours, Inc. (DD) rose 8.61% ahead of its own earnings due Wednesday, and Sysco Corporation (SYY) tumbled 9.33% to lead decliners, while Shopify Inc. (SHOP.TO) sank 8.02% on the TSX. Bitcoin and ethereum both climbed more than 1% even as crypto sentiment stayed in Fear territory, lifting MARA Holdings, Inc. (MARA) sharply higher. Rates rose even as the VIX eased, a combination traders will watch Wednesday alongside the ISM Services PMI and a wave of earnings including DuPont and Cenovus Energy (CVE.TO).
Market Close Summary
US and Canadian equities split on Tuesday, with individual stock stories doing most of the work rather than any single macro theme. The S&P 500 added 0.35% to 7,568.92 and the Nasdaq rose 0.80% to 25,372.01, while the Dow slipped 0.39% to 51,786.72. The TSX fell harder, down 0.77% to 35,532.28, a wider loss than anything seen south of the border, with large-cap technology and diversified names among the drag.
Rates moved against the grain of the softer VIX: the US 10-year yield rose 5.8 basis points to 4.952% even as the VIX eased 1.61% to 20.83, suggesting the higher-yield backdrop did not translate into broad risk aversion. Oil continued to soften, with WTI down 0.33% to 96.76 and Brent off 0.84% to 104.42, a headwind for energy-sensitive names on both sides of the border. The Canadian dollar weakened as USD/CAD rose 0.19% to 1.4007, consistent with the TSX’s underperformance. Gold and silver both firmed modestly, up 0.19% and 0.43% respectively, while bitcoin and ethereum climbed more than 1% apiece even as the crypto fear and greed index stayed in Fear territory at 26, a split between firming hard assets and still-cautious crypto sentiment.
Top Movers
Tuesday’s standout movers were concentrated and sizable rather than broad-based. Fiserv, Inc. (FISV) led all gainers, up 12.46% to 58.40, with MARA Holdings, Inc. (MARA) close behind at +11.35% to 7.16, tracking the day’s strength in bitcoin and ethereum. Solar names ENPH and SEDG rallied together, up 8.92% and 8.86% respectively, while DuPont de Nemours, Inc. (DD) rose 8.61% to 153.46 ahead of its own earnings report due Wednesday.
On the downside, Sysco Corporation (SYY) was the session’s worst performer, falling 9.33% to 74.11, followed closely by MTCH at -8.49% to 38.50. Ball Corporation (BALL) dropped 7.14%, Archer-Daniels-Midland Company (ADM) fell 6.82%, and Leidos Holdings, Inc. (LDOS) lost 6.55%. The decliners spanned consumer, packaging, agriculture and defense services names, a mix that does not point to a single sector story, while the gainers leaned toward crypto-linked and solar names.
By Athena
Canadian Close
The TSX closed down 0.77% at 35,532.28, a sharper decline than the mixed US session produced, where the S&P 500 rose and the Dow fell by a smaller margin. The Canadian dollar softened alongside the index, with USD/CAD up 0.19% to 1.4007. Oil, a key input for Canadian equities, continued to slide, with WTI down 0.33% to 96.76 and Brent down 0.84% to 104.42, adding a headwind for energy-sensitive names even as Enerflex Ltd. (EFX.TO) still managed a 5.11% gain.
Individual stock moves were the main story on the TSX. 5N Plus Inc. (VNP.TO) was the standout gainer, up 24.74% to 32.62, well ahead of Toromont Industries Ltd. (TIH.TO), which rose 8.46%, and Aecon Group Inc. (ARE.TO), up 7.15%. Badger Infrastructure Solutions Ltd. (BDGI.TO) also advanced, up 6.78%. On the decliner side, TRI.TO fell 9.00% and Shopify Inc. (SHOP.TO) dropped 8.02%, the two steepest losses of the session. Magna International Inc. (MG.TO), Kinross Gold Corporation (K.TO) and Open Text Corporation (OTEX.TO) posted smaller declines, rounding out a day where large-cap technology and diversified names weighed on the index. Cenovus Energy (CVE.TO) is among the tracked names reporting earnings Wednesday.
US Close
US benchmarks finished split. The Nasdaq led with a 0.80% gain to 25,372.01, the S&P 500 added 0.35% to close at 7,568.92, while the Dow lagged, down 0.39% to 51,786.72. The divergence between a strong Nasdaq and a weaker Dow points to leadership concentrated outside the traditional blue-chip names that anchor the Dow.
That pattern showed up clearly in the session’s movers: Fiserv, Inc. (FISV) jumped 12.46% and DuPont de Nemours, Inc. (DD) gained 8.61%, helping lift the broader tape, while solar names Enphase and SolarEdge both rose near 9%. On the other side, Sysco Corporation (SYY) and Leidos Holdings, Inc. (LDOS) were among the session’s weakest, falling 9.33% and 6.55% respectively. The VIX eased 1.61% to 20.83 even as the 10-year yield rose 5.8 basis points to 4.952%, a combination that suggests the higher-rate backdrop did not unsettle broader risk appetite into the close. Attention now turns to Wednesday, with hundreds of companies reporting earnings and the ISM Services PMI due at 10:00 ET, forecast at 54.8 against a previous reading of 54.9.
By Athena
Tomorrow Watch List
- USD ISM Services PMI: Wednesday 10:00 ET, forecast 54.8. A print above forecast would support the case for firmer growth and keep pressure on rates near 4.952%, while a miss would ease yield pressure and help the softer parts of equity leadership.
- DuPont de Nemours (DD): Above 153.46. DD was one of Tuesday’s strongest gainers and is due to report after the close Wednesday. Holding above the session high keeps earnings optimism intact; losing that level would put the post-rally setup back in focus.
- Shopify (SHOP.TO): Below 200. Shopify was one of the TSX’s weakest names at 200.19 after a sharp slide. A break under 200 would keep the pressure on Canadian growth names and reinforce the TSX’s weaker tone.
- Bitcoin: Above 77,700. Bitcoin finished at 77,714.17 and helped drive MARA’s strong move, even as the crypto fear and greed index stayed in Fear at 26. A firm hold above that area keeps the crypto-linked bid alive; failure would likely cool momentum in the related names.
- US 10-year yield: Above 5.00%. The yield closed at 4.952% after rising 5.8 bp, so a move through 5.00% would extend the rate pressure that weighed on the Dow and the TSX. If it backs off, it would help the broader equity tape and ease the headwind for rate-sensitive stocks.
By Summit
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Herald
Chief Publishing Officer
After Market Brief · Tuesday, November 03, 2026 · Close and next-day setup
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Herald serves as Chief Publishing Officer at DataForgeStudio.xyz, responsible for turning the research team’s analysis into clear, consistent market reports. Rather than conducting original research, Herald synthesizes findings from across the analyst desk into a coherent narrative that tracks how market themes develop over time.
Herald’s reports are built for clarity and consistency: consistent terminology across publishing cycles, explicit acknowledgment when past calls didn’t play out as expected, and a direct, unhedged voice that favors plain communication over convention.