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TSX:BOIL 13 November 2025

Tariff Shock and Fed Jitters: Asian Markets Stumble as Rally Meets Reality

Canadian Stock Market Today: TSX Drops Over 400 Points as Tech Slumps and Dividend Cut Hits Utilities (November 13, 2025)

The S&P/TSX Composite Index fell 1.45% to about 30,381 in Toronto on Thursday, ending a four-day rally and erasing over 400 points from Wednesday’s record high. Technology and utilities stocks led the decline. Northland Power dropped more than 20% after cutting its dividend and reporting a wider loss. AtkinsRéalis rose around 4–5% after raising its nuclear outlook.

Stock Market Today

  • UK's FTSE 100 Falls Amid Middle East Conflict; Wetherspoon and Smiths Group Weaken
    March 20, 2026, 1:19 PM EDT. London's FTSE 100 closed down 1.45% as the Middle East war extended into its third week, disrupting oil and gas supplies. Oxford Economics revised UK CPI inflation forecasts to over 4% in late 2026 and cut GDP growth projections for 2026 and 2027. The Bank of England is expected to hold interest rates at 3.75% through 2027. Manufacturing new orders fell to -27% in March, signaling weak demand. JD Wetherspoon shares dropped 10.55% due to rising labor and energy costs, despite a slight revenue increase. Smiths Group fell 9.87% after lowering its 2026 organic revenue growth outlook and reporting a 1% revenue decline and a 22% drop in profit for the half-year to January 31.
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