Oct 23, 2026 4:56pm ET
The S&P/TSX Composite closed down 185.27 points at 35,788.18, with higher oil prices and worries over the AI trade cited as pressure on North American markets. Oil traded at US$103.19 in late-afternoon trading, up 3.74%. Statistics Canada reported August retail sales up 1.2% to $74.6 billion, led by motor vehicle and parts dealers, and a report said the data supported expectations of a Bank of Canada rate increase next week. Separately, the White House said it is lifting tariffs on some Canadian goods, with exemptions reported for certain paper, plastics, machinery and food products.
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Oct 23, 2026 12:31pm ET
The S&P/TSX Composite was down 157.22 points, or 0.44%, at 35,816.23 in midday trade. Statistics Canada reported August retail sales up 1.2% to $74.6 billion, with gains in all nine subsectors led by motor vehicle and parts dealers, and its advance estimate showed September manufacturing sales edging up 0.1%. Oil was up 3.50% at US$102.95 so far today, and energy was firm even as the index slipped. The Canadian dollar was at 0.71456 against the US dollar. On Wall Street, the Dow Jones Industrial Average was down 0.95%.
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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.
