TSX Closer: Index Slumps Again As David Rosenberger Sees the AI Trade As a "Major Price Bubble"

fidelity
2025.11.20 21:15
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The Toronto Stock Exchange (TSX) fell 1.2% to 29,906.55, driven by investor concerns over AI spending and lower commodity prices. Economist David Rosenberg warned of an AI trade bubble, despite Nvidia's strong results. Base Metals and Info Tech sectors declined, while Battery Metals gained. Rosenberg highlighted excessive valuations and market concentration in top tech firms. Gold and oil prices also dropped.

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