TSX fell 1.70% yesterday; oil jumps overnight on tanker attacks

Updated Oct 8, 2026 7:01am ET

Markets

The S&P/TSX Composite finished yesterday at 35,041.86, down 1.70%. In overnight trading oil was up 4.94% at US$92.64, as reports pointed to heavy attacks on tankers in the Strait of Hormuz and Brent topping US$105 a barrel, with bond yields higher and stocks lower elsewhere. The Canadian dollar was little changed early today at US$0.70133. Closer to home, Ottawa is pushing to preserve Stelco jobs as the US trade war weighs on Canadian steel, and the Cleveland-Cliffs chief dismissed the idea of nationalizing Stelco.

Venture & CSE

The S&P/TSX Venture Composite finished yesterday at 877.17, down 1.45%, while the CSE Composite ended at 151.17, down 0.66%. In overnight trading silver was down 2.22% at US$58.955 and gold was little changed at US$4,141.8. On the company side, Hi-View Resources (CSE: GXLD) said it acquired additional contiguous claims next to its Junker property in the Toodoggone district of northern British Columbia. Total Metals (TSXV: TT) said it is moving a drill rig and a geology crew to its 100%-owned High Lake gold project in Northwestern Ontario. Discovery reported new high-grade intersections from drilling at its Pamour pit, which it said push the known mineralization further north, along strike and deeper.

Market data

Index levels are Wednesday's close, the previous session. Commodities and currencies are overnight trading.

Oct 8, 2026 7:00am ET

TSX Venture most active

Oct 7, 2026 4:46pm ET

TSX Venture gainers

Oct 7, 2026 4:46pm ET

CSE most active

Oct 7, 2026 4:44pm ET

CSE gainers

Oct 7, 2026 4:44pm ET

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.