Canadian Stocks Tumble 2.0%

This article was automatically generated using Dow Jones technology.

Stocks in Canada fell Thursday, as the S&P/TSX Composite Index fell 2.0% to 35605.27.

Among local companies with a market cap of at least 1 billion Canadian dollars ($713.3 million), Gildan Activewear was the biggest laggard, dropping 19%. Tenaz Energy fell 18%, and Russel Metals fell 14%.

Labrador Iron Ore Royalty was the biggest leader during the session, rising 8.5%. Torex Resources rose 6.8%, and Allied Gold rose 6.4%.

On the currency front, the WSJ Dollar Index rose 0.1% to 97.07. The Canadian dollar weakened 0.3% against the U.S. dollar to $0.71.

In the bond markets, the 10-year Canadian government bond yield fell 3.81 basis points to 3.660%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 05, 2026 16:31 ET (21:31 GMT)