Canadian Stocks Fall 0.8%
Dow Jones2026/08/31 20:31This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Canada slipped Monday, as the S&P/TSX Composite Index fell 0.8% to 36270.48.
Among large local companies, Bombardier Cl B was the biggest laggard, tumbling 6.0%, followed by shares of Troilus Mining, which plunged 5.1%. Shares of Lassonde Industries Cl A tumbled 5.0%.
NFI Group was the biggest leader during the session, gaining 3.1%, and Saturn Oil & Gas added 2.4%. Sagicor Financial rounded out the top three movers, as shares gained 2.4%.
U.S. stock indexes fell as the Dow Jones Industrial Average dropped 0.7%. Meanwhile, the S&P 500 Index fell 0.3%, and the Nasdaq Composite Index fell 0.1%.
On the currency front, the WSJ Dollar Index declined 0.2% to 95.72. The Canadian dollar strengthened 0.3% against the U.S. dollar to US$0.72.
In the bond markets, the 10-year Canadian government bond yield rose 1.4 basis points to 3.738%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 31, 2026 16:31 ET (20:31 GMT)
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.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
