Canadian Stocks Fall 1.7%
Dow Jones2026/10/07 20:31This article was automatically generated by Dow Jones using technology from Automated Insights. Stocks in Canada fell Wednesday, as the S&P/TSX Composite Index declined 1.7% to 35041.86. Among large local companies, Xanadu Quantum Techs was the biggest laggard, plunging 11%, followed by shares of Fortuna Mining, which tumbled 9.1%. Shares of Northern Dynasty Minerals tumbled 8.6%. Valeura Energy was the biggest leader during the session, adding 4.7%, and Extendicare added 4.2%. Pet Valu Holdings rounded out the top three movers, as shares rose 3.9%. U.S. stock indexes closed down with the Dow Jones Industrial Average falling 0.7%. Meanwhile, the Nasdaq Composite Index dropped 0.2%, and the S&P 500 Index dropped 0.2% On the currency front, the WSJ Dollar Index gained 0.3% to 97.41. The Canadian dollar weakened 0.4% against the U.S. dollar to US$0.70. In the bond markets, the 10-year Canadian government bond yield rose 1.88 basis points to 3.943%. Data source: Dow Jones Market Data, FactSet (END) Dow Jones Newswires October 07, 2026 16:31 ET (20:31 GMT)
This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Canada fell Wednesday, as the S&P/TSX Composite Index declined 1.7% to 35041.86.
Among large local companies, Xanadu Quantum Techs was the biggest laggard, plunging 11%, followed by shares of Fortuna Mining, which tumbled 9.1%. Shares of Northern Dynasty Minerals tumbled 8.6%.
Valeura Energy was the biggest leader during the session, adding 4.7%, and Extendicare added 4.2%. Pet Valu Holdings rounded out the top three movers, as shares rose 3.9%.
U.S. stock indexes closed down with the Dow Jones Industrial Average falling 0.7%. Meanwhile, the Nasdaq Composite Index dropped 0.2%, and the S&P 500 Index dropped 0.2%
On the currency front, the WSJ Dollar Index gained 0.3% to 97.41. The Canadian dollar weakened 0.4% against the U.S. dollar to US$0.70.
In the bond markets, the 10-year Canadian government bond yield rose 1.88 basis points to 3.943%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 07, 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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