HDQ Market Desk

Market Desk

The TSX Slipped Another 0.16% as Cenovus Fell 3.6% on Its Athabasca Deal, Leaving the Index 4.1% Below Its August High

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.

Oct 5, 2026 6 min Read →

Market

TSX Closes at a One-Month Low of 35,154.76 as Four Straight Declines Follow a Global Bond Selloff

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.

Oct 2 5 min Read →

Market

The TSX Fell 2.85% in September While the Main US Index Lost 0.45%: Gold, Materials and a US Yield Above 5% Explain the Gap

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.

Oct 1 5 min Read →

Recent — Market

Market The TSX Is Down 2.2% in September While the S&P 500 Is Flat, and Gold Miners and Rising US Yields Explain the Gap

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%.

Sep 30 6 min

Market TSX Fell 0.87% to Its Lowest Close Since July as the 10-Year Treasury Yield Passed 5.2%

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.

Sep 29 6 min

Market The TSX Gained Friday, But the Real Story Was a 5.18 Percent Treasury Yield

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.

Sep 28 5 min

Market The Canadian Dollar Hit a Seven-Week Low as the Rate Gap With the US Widened Again

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.

Sep 25 6 min

Market The TSX Fell 402 Points on Base Metals a Day After Gaining 326 on the Same Sector

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.

Sep 24 6 min

Market The TSX Hit a One-Month High on Tech and Base Metals While Energy Keeps Falling

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.

Sep 23 6 min

Market Gold Falls to a Six-Week Low as the Fed Hike Outweighs the War Premium

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.

Sep 22 6 min

Market The TSX Closed a Volatile Week at 35,806.65. Energy Was the Only Sector That Actually Held.

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.

Sep 21 6 min

Market Wall Street Rallied After the Fed Hike. The TSX Followed, But Lagged the Nasdaq by More Than Half a Point.

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.

Sep 18 5 min

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