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S&P/TSX composite down more than 300 points, price of oil moves higher
Base metal, technology and telecom losses pushed the index lower as U.S. markets also fell and November crude rose US$2.99 to US$95.40 a barrel.
- On Monday, the TSX fell by more than 300 points, weighed down by losses in base metal, technology, and telecom sectors.
- Rising oil prices pressured equity markets on Monday, with The November crude oil contract trading at US$92.60 per barrel.
- The Dow Jones industrial average dropped 386.05 points, while the Nasdaq composite fell 279.38 points in New York.
- Inflation concerns prompted a sell-off in New York, which also weighed on the TSX in Toronto throughout Monday.
- The Canadian Press reported on the market performance, highlighting continued volatility across Canada on Sept. 28, 2026.
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7 Articles
7 Articles
The Toronto Star+3 Reposted by 3 other sources
S&P/TSX composite down more than 300 points, price of oil moves higher
TORONTO - Canada's main stock index was down more than 300 points in late-morning trading, weighed down by losses in the base metal, technology and telecom sectors, while U.S. stock
·Toronto, Canada
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The Toronto Stock Exchange fell by more than 300 points on Monday late in the morning, with losses in the base metals, technology and telecommunications sectors, while the U.S. stock markets also plunged into a context of rising oil prices.
·Montreal, Canada
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MARKET REVIEW. The Toronto Stock Exchange opened down by more than 250 points.
·Montreal, Canada
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Coverage Details
Total News Sources7
Leaning Left4Leaning Right0Center1Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
C 20%
Factuality
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