Canadian Stocks Decline 0.8%

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

Stocks in Canada slipped Friday, as the S&P/TSX Composite Index dropped 0.8% to 35226.14.

Among large local companies, TELUS was the biggest laggard, tumbling 11%, followed by shares of TerraVest Industries, which plunged 7.9%. Shares of Eldorado Gold tumbled 7.8%.

Bausch Health was the biggest leader during the session, jumping 14%, and Baytex Energy surged 6.5%. Gildan Activewear rounded out the top three movers, as shares jumped 5.8%.

Stock indexes in the U.S. climbed with the Nasdaq Composite Index gaining 1.0%. Meanwhile, the S&P 500 Index increased 0.7%, and the Dow Jones Industrial Average gained 0.5%.

On the currency front, the WSJ Dollar Index declined 0.2% to 96.11. The Canadian dollar held steady against the U.S. dollar at US$0.71.

In the bond markets, the 10-year Canadian government bond yield increased 7.33 basis points to 3.664%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

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