Rising bond yields and a deal-driven drop in Canada's largest oil sands name pushed the S&P/TSX Composite to 35,445.54 on ordinary volume.

The index fell 0.23% on October 1, sits 5.16% below its August high and lost 2.85% in September, as materials and financials fell on higher yields while energy and technology gained.

The index closed September 30 at the low of the day, its lowest close since July 31. Gold futures fell 6.6% as the US 10-year yield rose 51 basis points, and First Quantum closed 15% lower on Panama news.

The TSX closed at its lowest level since July 31, gold and materials ETFs fell 6% to 8%, and energy stocks slipped even as Brent gained 13%.

The S&P/TSX Composite lost 0.87% on a gold selloff while U.S. yields hit levels last seen in 2007, and the Federal Reserve decision on October 28 now carries most of the weight.

TSX Composite closed Friday at 35,800.89, up 94 points, even as the US 10-year Treasury yield hit 5.18 percent, its highest since the financial crisis, and Canadian yields touched a 34-month high before easing.

USD/CAD closed at 1.4138 Thursday, its weakest level for the loonie since early August, as a hawkish Federal Reserve and a steady Bank of Canada pulled further apart.

The composite index closed at 35,933.27 Wednesday, down 402.34 points as base metal shares reversed the same sector gains that drove a 326 point rally Tuesday, while energy names cushioned the decline as oil held near $92.

The TSX Composite closed at 36,228.74 Tuesday, up 0.61 per cent, rebounding sharply from a September 16 low as technology and base metals names offset a sixth straight session of falling oil.

Gold is down 6.1 percent from its August peak even as the Middle East conflict continues, and the mechanism is the Federal Reserve, not the geopolitics.

The composite fell 67.61 points Friday to cap a week shaped by the Federal Reserve first rate hike since 2023 and a Hormuz-driven swing in oil. Energy was the sole sector to post a weekly gain among the decliners.

All four major North American indices closed higher Thursday as Treasury yields retreated from a 19 year high, but the size of the move split cleanly along a line that matters for Canadian portfolios.

Energy names gained on crude above 100 dollars a barrel, but the broader index still closed lower after the Federal Reserve raised rates for the first time since 2023.

Energy strength from the Hormuz-driven oil rally is fighting a three-week slide in base metals, financials, and technology, with a near-certain Federal Reserve hike this afternoon adding a fresh cross-current.

The index closed at 35,703.47 on September 14, down from a late-August high of 36,957.63, despite Canadian Natural Resources, Tourmaline and Suncor all posting gains through the same stretch. Technology weakness and a jittery run-up to Wednesday's Fed decision are absorbing more than energy is contributing.

The S&P/TSX Composite closed at 35,697.49 on September 11, down 3.7 percent from its August high, even as WTI settled above $100 a barrel for the second time in a week.