Canadian Stocks Climb 1.6%

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

Stocks in Canada gained Tuesday, as the S&P/TSX Composite Index gained 1.6% to 35801.59.

Among large local companies, Ivanhoe Electric was the biggest leader during the session, surging 20%, and Southern Cross Gold Cons surged 19%. Aya Gold & Silver rounded out the top three movers, as shares surged 17%.

Obsidian Energy was the biggest laggard, plunging 11%, followed by shares of 5N Plus, which plunged 8.6%. Shares of Vermilion Energy tumbled 7.0%.

U.S. stock indexes moved upward as the Nasdaq Composite Index rose 2.6%. Meanwhile, the S&P 500 Index gained 1.8%, and the Dow Jones Industrial Average gained 1.7%.

On the currency front, the WSJ Dollar Index dropped 0.1% to 96.14. The Canadian dollar weakened 0.1% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield declined 11.02 basis points to 3.554%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 04, 2026 16:32 ET (20:32 GMT)