Oct 22, 2026 7:01am ET
The S&P/TSX Composite finished yesterday at 36,324.99, up 217.03 points or 0.60%. Oil is the overnight story, trading at US$99.17, up 2.02, after Iran reported fires or damage on seven oil tankers in the Strait of Hormuz and fears grew of a return to all-out war. Gold traded at US$4,105.1 early today, down 44.9, and silver at US$56.140, down 1.570. The Canadian dollar was at US$0.71284 in overnight trading, up 0.00095, or 1.40295 per US dollar. Separately, Teck said the United Steelworkers local served it with strike notice at Highland Valley Copper in B.C.
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Oct 22, 2026 4:56pm ET
The S&P/TSX Composite closed at 35,973.45, down 351.54 points or 0.97%, with basic materials leading the losses. Gold fell 111.6 to US$4,038.4 in late-afternoon trading, and silver was down 3.090 at US$54.620. Oil rose 1.92 to US$99.07 in late-afternoon trading as renewed attacks on Saudi targets and Iran's report of seven tankers hit near the Strait of Hormuz fed supply worries. The Canadian dollar traded at US$0.71353 in late-afternoon trading. Statistics Canada said the Industrial Product Price Index rose 2.0% in September from August. The Nasdaq Composite closed down 2.60% as AI stocks fell.
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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.
