Markets recover, Bitcoin sinks

Allan Tong Posted On November 21, 2025

A volatile week ended on a stable note for markets in New York and Toronto. The S&P posted a Friday close of 0.95%, the Nasdaq 0.88%, the Dow 1.08% and the TSX 0.85% to return over 30,000. For the week, however, the indices lost ground: the S&P and Dow shed 2%, the Nasdaq sank 2.75% though the TSX slipped only 0.55%.

Major movers on Wall Street included Ross Stores, jumping 8.41%, Alphabet 3.53% as it outpaces its Mag 7 peers, Intel 2.62%, Oracle -5.66% and Nvidia which declined 0.97% despite posting a strong quarter last Wednesday. In Toronto, only energy lost ground as 10 sectors gained, led by strong rallies in healthcare and discretionary. Discovery Silver was the most active name, up 1.39%, followed by CNQ at -1.65%. TFI International rose 6.46%, Magna International 5.64% and Goeasy 5.63%. Gold slipped US$16 to US$4,061 while WTI declined over a dollar to US$57.95. Bitcoin continued to slide, down 2.75% on Friday to US$84,800.