Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Canadian Stocks Fall 0.7% In Early Trading

Canadian Stocks Fall 0.7% In Early Trading

Dow JonesDow Jones2026/10/23 14:11

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

Stocks in Canada slipped during early trading Friday, as the S&P/TSX Composite Index declined 0.7% to 35724.93.

Among local companies with a market cap of at least 1 billion Canadian dollars ($715.3 million), Southern Cross Gold Cons is the biggest early laggard, tumbling 6.7%, followed by shares of Hammond Pwr Solns Cl A, which declined 4.7%. Shares of TFI International dropped 4.3%.

Tenaz Energy is the biggest leader this morning, adding 5.0%, and Vermilion Energy gained 4.7%. Obsidian Energy rounds out the top three movers, as shares added 4.3%.

On the currency front, the WSJ Dollar Index added 0.1% to 96.83. The Canadian dollar strengthened 0.2% against the U.S. dollar to US$0.72.

In the bond markets, the 10-year Canadian government bond yield increased 4.65 basis points to 3.830%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 23, 2026 10:11 ET (14:11 GMT)

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

French political turmoil hits the euro, hedge fund short bets reach more than six-year high

As the political turmoil in France continues to unsettle the European bond market and drag down the euro’s performance, hedge funds are increasing their bearish bets on the euro.

智通财经•2026/10/24 00:01

The US will exempt some Canadian goods from tariffs, involving nine categories of products including packaging materials and machinery.

Susan Collins, a Republican Senator from Maine, stated on Friday that the US government will grant tariff exemptions for certain Canadian imports.

智通财经•2026/10/24 00:01
The US will exempt some Canadian goods from tariffs, involving nine categories of products including packaging materials and machinery.

SK Hynix abandons Solidigm US IPO plan; analysts say future NAND supply will decrease, benefiting Micron and SanDisk

The analyst team at LYNX Equity Strategies pointed out that if Solidigm's IPO funds had been used to expand NAND capacity in the US, it could have increased global supply after three years or more, thereby putting downward pressure on pricing. Now that this financing channel is closed, the associated risk has disappeared, which is a substantial positive for both Micron and SanDisk; however, for Intel, it is a minor negative, as it means losing a potential manufacturing project.

华尔街见闻•2026/10/23 22:51
SK Hynix abandons Solidigm US IPO plan; analysts say future NAND supply will decrease, benefiting Micron and SanDisk