Global markets mixed as Nvidia faces CEO ouster reports

Global markets were mixed Thursday as Nvidia shares slid in premarket trading on reports its board may oust longtime CEO Jensen Huang following revelations of two affairs. Wall Street futures diverged, with the Dow pointing higher after major North American markets closed up yesterday, while TSX futures were little changed. In Canada, investors are getting results from Brookfield Corp., Canadian Tire Corp. Ltd., Hudbay Minerals Inc., Stantec Inc., Northland Power Inc. and Choice Properties REIT. On Wall Street, markets are watching earnings from Cisco Systems Inc. and Applied Materials Inc. Overseas, the pan-European STOXX 600 was up 0.45 per cent, while Japan’s Nikkei closed 0.7 per cent lower. Oil prices eased as geopolitical tensions offset pressure from rising crude output, with Brent down 0.68 per cent at US$92.13 a barrel. Spot gold declined 1 per cent to US$3,948.82 an ounce. The Canadian dollar strengthened against its U.S. counterpart, trading at $1.4248 per US$1.