Canadian Stocks Flat In Morning Trading
Dow Jones2026/09/29 14:11This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Canada were flat during early trading Tuesday, as the S&P/TSX Composite Index held steady at 35489.68.
Among local companies with a market cap of at least 1 billion Canadian dollars ($704.8 million), Celestica is the biggest leader this morning, gaining 4.8%, and Aecon Group added 4.0%. Bird Construction rounds out the top three movers, as shares increased 3.9%.
Savaria is the biggest early laggard, dropping 4.8%, followed by shares of Canadian Tire, which declined 3.3%. Shares of BlackBerry dropped 3.1%.
On the currency front, the WSJ Dollar Index added 0.1% to 96.97. The Canadian dollar weakened 0.1% against the U.S. dollar to US$0.70.
In the bond markets, the 10-year Canadian government bond yield rose 0.67 basis point to 3.972%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 29, 2026 10:11 ET (14:11 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.
You may also like
Rapid rise in real interest rates, Goldman Sachs warns that 'systematic selling pressure' in US stocks is building at quarter-end
Goldman Sachs believes that the rapid rise in real interest rates has exerted more direct pressure on the US stock market, with rate-sensitive sectors such as small-cap and financial stocks being particularly affected. On the liquidity front, Goldman Sachs estimates that pension funds may sell around $3.3 billions in equities at the end of the month and quarter, and that CTAs may sell about $530 million worth of Russell 2000 index futures in the coming week. For the market, unless the issues of oil and interest rates are resolved, the AI narrative is "almost irrelevant."
USD/JPY falls below 157! The yen becomes the strongest G-10 currency, with the market betting on another rate hike by the central bank next month.
On Wednesday, the yen strengthened against the US dollar, with the USD/JPY rate falling below the 157 mark, as repeated warnings from the Japanese government regarding exchange rates and end-of-quarter capital flows provided support for the yen.
The scale of the compute power agreement between Anthropic and SpaceX has been revealed, reaching up to $84.5 billions, double the previously disclosed amount.
According to Anthropic’s IPO prospectus, the company has signed a computing power leasing agreement with SpaceX valued at $84.5 billion, far surpassing the previously disclosed $45 billion in SpaceX’s IPO documents. The agreement runs until 2029, with most terms cancellable within 90 days. At the same time, Anthropic’s total spending on AI infrastructure over the next decade is expected to be at least $518 billion.
KOSPI Index in South Korea falls by 0.3%