Oct 2, 2026 5:26pm ET
The S&P/TSX Composite gained 347.89 points, or 0.99%, to close at 35,502.65, as investors weighed the resilience of the Canadian economy against higher bond yields and trade tensions. G7 leaders announced a coordinated drawdown of 100 million barrels from reserves, beginning with diesel, while oil closed at US$91.26, down 1.73%. The Canadian dollar slipped 0.20% to US$0.70175. A senior deputy governor at the Bank of Canada said the key rate is too blunt to fix housing affordability alone. In the US, payrolls rose by just 29,000 in September with unemployment at 4.2%, which eased expectations of an October Fed hike.
more »
Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice.
