Canadian Stocks Rise 0.1%
Dow Jones2026/10/16 20:31This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Canada rose Friday, as the S&P/TSX Composite Index increased 0.1% to 36176.55.
Among large local companies, Strathcona Resources was the biggest leader during the session, jumping 5.3%, and New Pacific Metals surged 4.9%. International Petroleum rounded out the top three movers, as shares increased 4.4%.
Hut 8 was the biggest laggard, tumbling 11%, followed by shares of Xanadu Quantum Techs, which tumbled 9.3%. Shares of BlackBerry plunged 7.7%.
Stock indexes in the U.S. dropped as the Nasdaq Composite Index fell 2.1%. Meanwhile, the S&P 500 Index fell 1.1%, and the Dow Jones Industrial Average declined 0.3%.
On the currency front, the WSJ Dollar Index declined 0.2% to 97.10. The Canadian dollar strengthened 0.3% against the U.S. dollar to US$0.71.
In the bond markets, the 10-year Canadian government bond yield rose 0.41 basis point to 3.830%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 16, 2026 16:31 ET (20:31 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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