TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline
Published . Updated .
Covered by 2 outlets: Kitco, Reuters.
Who covered it: Center 1 · Not rated 1. How we rate outlets
Key takeaways
- Nov 12 (Reuters) - Futures tracking Canada's blue-chip stocks inched lower on Thursday as reports that Nvidia's board may oust longtime CEO Jensen Huang sparked a retreat in AI-related stocks…
- Exposed: USO, XLE, GLD, SMH, XOM
- Market reaction: USO +3.4% on the day; XLE +0.7% on the day (still updating); AEM −4.1% on the day
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Nov 12 (Reuters) - Futures tracking Canada's blue-chip stocks inched lower on Thursday as reports that Nvidia's board may oust longtime CEO Jensen Huang sparked a retreat in AI-related stocks…
Directly affected
- NVDA Nvidia-8.2% 30d
Named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF-16.2% 30d
VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF-20.7% 30d
iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.
- EWC iShares MSCI Canada ETF+1.0% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- ASML ASML Holding N.V-13.3% 10d
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing-10.2% 30d
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- AVGO Broadcom+0.5% 30d
Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NVDA | +4.45% | +2.76% | base | -4.48% | after close | after close | after close |
| SMH | -12.00% | -3.92% | base | -1.04% | after close | after close | after close |
| SOXX | -15.74% | -5.53% | base | -0.29% | after close | after close | after close |
| QQQ | -6.13% | -1.68% | base | -0.32% | after close | after close | after close |
| USO | +4.74% | +0.82% | base | +3.43% | after close | after close | after close |
| EWC | -0.53% | +0.82% | base | -0.55% | after close | after close | after close |
| ASML | -11.40% | -1.39% | base | -2.42% | after close | after close | after close |
| TSM | -14.72% | -5.94% | base | -1.86% | after close | after close | after close |
| AVGO | -15.64% | -7.52% | base | +5.42% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline Kitco
Source: Kitco
United States Oil Fund (USO) compared with energy stocks (XLE) since 12 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| ASML | that day | -2.42% | final price |
| ASML | three days earlier | -1.39% | final price |
| ASML | five days earlier | -11.40% | final price |
| AVGO | that day | +5.42% | final price |
| AVGO | three days earlier | -7.52% | final price |
| AVGO | five days earlier | -15.64% | final price |
| EWC | that day | -0.55% | final price |
| EWC | three days earlier | +0.82% | final price |
| EWC | five days earlier | -0.53% | final price |
| NVDA | that day | -4.48% | final price |
| NVDA | three days earlier | +2.76% | final price |
| NVDA | five days earlier | +4.45% | final price |
| QQQ | that day | -0.32% | final price |
| QQQ | three days earlier | -1.68% | final price |
| QQQ | five days earlier | -6.13% | final price |
| Vaneck Etf Trust (SMH) | that day | -1.04% | final price |
| Vaneck Etf Trust (SMH) | three days earlier | -3.92% | final price |
| Vaneck Etf Trust (SMH) | five days earlier | -12.00% | final price |
| SOXX | that day | -0.29% | final price |
| SOXX | three days earlier | -5.53% | final price |
| SOXX | five days earlier | -15.74% | final price |
| TSM | that day | -1.86% | final price |
| TSM | three days earlier | -5.94% | final price |
| TSM | five days earlier | -14.72% | final price |
| United States Oil Fund (USO) | that day | +3.43% | final price |
| United States Oil Fund (USO) | three days earlier | +0.82% | final price |
| United States Oil Fund (USO) | five days earlier | +4.74% | final price |
Congressional trades in the stocks in this story
- Rep. Maria Elvira Salazar bought Nvidia (NVDA), worth $1,001 - $15,000 on 23 Oct 2026. That is 20 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Nvidia (NVDA) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 36 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Nvidia (NVDA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 41 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 20 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 34 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 51 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 79 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 13 Oct 2026. That is 30 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. John J McGuire III sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 24 Sep 2026. That is 49 days before publication. Filed 1 Nov 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 29 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 73 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around United States Oil Fund (USO)
Companies carried with this story
- USO United States Oil Fund
United States Oil Fund (USO) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline.” Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
- XLE Select Sector Spdr Tr
Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
- GLD Spdr Gold Trust
In “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: SPDR Gold Shares: it follows gold or gold miners. Linked by “gold” (gold) in this story
- SMH Vaneck Etf Trust
Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline.” Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story
- XOM ExxonMobil Holdings
ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- NEM Newmont
For “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline,” Newmont (NEM) is linked, with no stored direction, medium confidence. Reason on file: Newmont (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
- CVX Chevron
In “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story
- AEM Agnico Eagle Mines
For “TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline,” Agnico Eagle Mines (AEM) is linked, with no stored direction, medium confidence. Reason on file: Agnico Eagle Mines (gold and silver ores): gold miners' profits move with the gold price. Linked by “gold” (gold) in this story
How energy news reaches United States Oil Fund (USO)
“TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline” (12 Nov 2026) reaches United States Oil Fund (USO) through Energy.
What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story
Select Sector Spdr Tr (XLE) is here too. Its reason reads: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story
Dates in the story, and the United States Oil Fund (USO) price range
GLD traded between 373.41 and 385.21 across 15 sessions. The latest close on file is 379.67. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.
A simple score for United States Oil Fund (USO)
54 out of 100
“TSX futures inch down as Nvidia turmoil dents AI sentiment; oil, gold decline” scores 54 out of 100. The score uses 2 sources, and 8 linked companies.