Canadian Stocks Fall 0.8% In Early Trading
Dow Jones2026/09/01 14:11This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Canada slipped during early trading Tuesday, as the S&P/TSX Composite Index fell 0.8% to 35965.30.
Among local companies with a market cap of at least 1 billion Canadian dollars ($720.3 million), Ivanhoe Electric is the biggest early laggard, tumbling 6.8%, followed by shares of Toromont Industries, which tumbled 6.2%. Shares of Xanadu Quantum Techs tumbled 5.3%.
Bausch Health is the biggest leader this morning, adding 3.8%, and Valeura Energy increased 3.7%. Obsidian Energy rounds out the top three movers, as shares gained 3.1%.
On the currency front, the WSJ Dollar Index increased 0.1% to 95.77. 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 increased 2.29 basis points to 3.761%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 01, 2026 10:11 ET (14:11 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.

