Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Canadian Stocks Decline 0.8%

Canadian Stocks Decline 0.8%

Dow JonesDow Jones2026/08/18 20:31

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

Stocks in Canada slipped Tuesday, as the S&P/TSX Composite Index declined 0.8% to 36367.93.

Among large local companies, Celestica was the biggest laggard, tumbling 8.4%, followed by shares of Hut 8, which plunged 7.9%. Shares of Wesdome Gold Mines plunged 7.1%.

BRP Inc. was the biggest leader during the session, surging 7.7%, and Canadian Tire jumped 6.4%. Bausch Health rounded out the top three movers, as shares surged 5.9%.

U.S. stock indexes fell with the Nasdaq Composite Index dropping 1.3%. Meanwhile, the S&P 500 Index dropped 0.7%, and the Dow Jones Industrial Average dropped 0.2%.

On the currency front, the WSJ Dollar Index gained 0.1% to 96.08. The Canadian dollar weakened 0.2% against the U.S. dollar to US$0.72.

In the bond markets, the 10-year Canadian government bond yield declined 2 basis points to 3.699%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 18, 2026 16:31 ET (20:31 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

JPMorgan Private Bank: Without the end of the rate hike cycle, gold prices are unlikely to bottom out, and there is almost no support below $4,000.

JPMorgan Private Bank believes that before interest rates reach their peak, it will be difficult to confirm a bottom for gold prices. Thin liquidity coupled with expectations of further rate hikes this year present significant downward pressure. Chinese consumers are increasing their physical gold holdings, providing some support; however, Indian buyers are delaying festival purchases due to expectations that the price decline has not yet ended, substantially weakening demand-side support. For gold prices to regain upward momentum, multiple conditions need to coincide, including a drop in oil prices, cooling inflation, and a weaker US dollar.

华尔街见闻•2026/10/28 08:37