S&P/TSX composite down more than 300 points, price of oil moves higher
Canada's main stock index, the S&P/TSX composite, experienced a decline of more than 300 points in late-morning trading on September 28, 2026. This downturn was attributed to losses in the base metal, technology, and telecom sectors. Simultaneously, U.S. stock markets also saw a decrease, with the Dow Jones industrial average falling by 386.05 points and the S&P 500 index dropping by 64.80 points.
The price of oil rose, with the November crude oil contract increasing by US$2.99 to reach US$95.40 per barrel. The Canadian dollar was valued at 70.58 cents US against the US dollar, up from 70.70 cents US on the previous Friday. Gold prices also fluctuated, with the December gold contract decreasing by US$168.00 to US$4,153.20 per ounce.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
