Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
S&P/TSX Composite Index Falls For Second Day, Information Technology, Industrials Worst Performers

S&P/TSX Composite Index Falls For Second Day, Information Technology, Industrials Worst Performers

MT newswireMT newswire2026/09/01 14:31
10:31 AM EDT, 09/01/2026 (MT Newswires) -- The S&P/TSX Composite Index continued its downward slide for the second straight day, shedding 191 points on last look. Global bond yields are rising, stoked by inflation worries caused by higher oil prices and inflation worries. Information technology, and industrials were the worst performers, down 1.3% and 1.7%, respectively.. The energy sector, boosted by rising oil prices, was the top gainer, climbing 1.6% higher, followed by the healthcare sector, up 1.1%. In economic news, the manufacturing purchasing managers index (PMI) came in at 53.0 in August 2026 from 53.5 in July, but stayed above the 50.0 no-change threshold for a fifth consecutive month. Underpinning the positive PMI reading in August were rises in production and new orders, S&P said.
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

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.

华尔街见闻•2026/11/10 18:41
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.