• TSX ends up 0.8% at 30,278.41
• Tech sector gains 2.3%, with Shopify up 4.6%
• Materials group adds 1.3% as gold rises

Nov 19 (Reuters) - Canada's main stock index rose on Wednesday, led by gains for technology and mining shares, as metal prices rose and investors awaited a key earnings report from U.S. chipmaker Nvidia.

The S&P/TSX composite index (.GSPTSE) , opens new tab ended up 241.95 points, or 0.8%, at 30,278.41. It follows two straight days of declines as investors worried that the boom in company spending on artificial intelligence had gone too far.

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"I think everybody's waiting for Nvidia to report earnings after the bell," said Allan Small, senior investment advisor at Allan Small Financial Group with iA Private Wealth. "Everybody's talking about the biggest company in the world by far and it's going to obviously mean a lot to the tech area."

Brookfield Asset Management (BAM.N) , opens new tab has launched a $100 billion AI infrastructure program in partnership with Nvidia (NVDA.O) , opens new tab and Kuwait Investment Authority as demand for computing and energy to support AI applications accelerates. Shares of Brookfield Asset Management were up 2.1%.

Investors were also waiting for a delayed U.S. labor report, scheduled for Thursday, which could confirm weakness in the job market and reignite hopes of a Federal Reserve interest rate cut.

"The data we will receive on Thursday will give us a little bit more information as to the strength of the (U.S.) economy," Small said.

The Toronto market's technology sector rose 2.3%, with shares of e-commerce company Shopify Inc (SHOP.TO) , opens new tab up 4.6%.

The materials group, which includes metal mining shares, added 1.3% as gold and copper prices rose.

The Bank of Canada called for a coordinated economy-wide approach to boost weak productivity, an issue it said was becoming more pressing in the face of challenges caused by U.S. trade policy.

https://www.reuters.com/business/tsx-futures-rise-commodity-boost-investors-await-nvidia-results-2025-11-19/