Canadian Stocks Decline 1.2%

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada fell Wednesday, as the S&P/TSX Composite Index fell 1.2% to 35333.78.

Among large local companies, Allied Gold was the biggest laggard, tumbling 19%, followed by shares of Hut 8, which plunged 13%. Shares of Almonty Industries tumbled 11%.

Centerra Gold was the biggest leader during the session, surging 5.5%, and Strathcona Resources jumped 5.4%. Lassonde Industries Cl A rounded out the top three movers, as shares surged 5.1%.

U.S. stock indexes closed down as the Dow Jones Industrial Average dropped 2.2%. Meanwhile, the Nasdaq Composite Index declined 1.7%, and the S&P 500 Index dropped 1.5%

On the currency front, the WSJ Dollar Index declined 0.3% to 97.25. The Canadian dollar strengthened 0.4% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield increased 5.7 basis points to 3.589%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 29, 2026 16:31 ET (20:31 GMT)