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S&P/TSX Composite Index Lower Tuesday Morning as Information Technology Stocks Drop

S&P/TSX Composite Index Lower Tuesday Morning as Information Technology Stocks Drop

MT newswireMT newswire2026/11/03 14:25
10:25 AM EST, 11/03/2026 (MT Newswires) -- The S&P/TSX fell near 232 points mid-morning Tuesday as the information technology sector declined. The index was down 284 points, or 0.8%, to 35,517,07 at last look. Shares in information technologies companies dropped 2.4% led by Shopify (SHOP.TO), whose shares fell 9% after it reported a third-quarter revenue miss. The healthcare and energy sectors were the strongest performers, climbing 2.3% and 0.5%, respectively. In other news CTV News reports that US Commerce Secretary Howard Lutnick has emerged as the key figure pushing for a trade deal with Canada, with talks centered around the Section 232 tariffs on steel, aluminum, lumber and autos. The report cited unnamed sources in both countries. In stocks, Thomson Reuters (TRI.TO) shares fell 7% to CA$158.03 after it reported third-quarter results.
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