Nvidia Boosts Tech Shares Amid Global Market Volatility
Global markets were mixed yesterday after Nvidia's strong sales growth forecast bolstered technology shares.
Technology-heavy indices like the Nasdaq led the charge, while geopolitical uncertainty and a stubbornly high U.S. inflation measure subdued trade elsewhere.
The TSX futures were in the red as Canada's biggest banks are set to close out earnings season, with investors awaiting results from Royal Bank of Canada, Toronto-Dominion Bank, and Canadian Imperial Bank of Commerce.
CIBC reported a rise in third-quarter profit that beat estimates, driven by robust performance in its capital markets division.