The Canadian Index

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Bar chart comparing Tuesday's percentage gains across the TSX, S&P 500, Dow, Nasdaq, WTI crude, and gold, with commodities leading the move.

Every major asset traded higher Tuesday after a strike on the Caspian Pipeline Consortium terminal disrupted exports from Kazakhstan, one of the world's largest crude suppliers. Gold gained 2.14% and WTI crude 2.20%, both more than twice the move seen in the TSX, S&P 500, Dow, and Nasdaq that session. The strike landed alongside a separate Houthi embargo threat against Saudi Arabia and a reported tanker strike near the Strait of Hormuz, widening the conflict's supply disruption to three chokepoints on three different bodies of water in a single day.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Bar chart showing Canada's five largest banks, led by CIBC, all declining between 1.9 and 2.6 percent on July 20, 2026.

All five of Canada's largest banks fell in tandem Monday, a rare instance of sector-wide alignment tied to the week's bond yield reaction.

A Kazakhstan Pipeline Strike, Not Hormuz, Just Broke Gold's Monthlong Anchor

July 21, 2026

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Line chart tracking the S&P/TSX Composite through July's ceasefire collapse, near-record rally, and late-month pullback to a 35,226 close.

The S&P/TSX Composite closed July at 35,226, up 1.06% for the month, a modest headline figure that conceals sharp intra-month swings.

S&P/TSX Composite closes July up 1.06% after a volatile month

July 31, 2026

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Line chart comparing Brent and WTI crude oil prices through July's four-leg rally to $85.47.

Brent and WTI crude both surged in July, with WTI ending the month at $85.47, up 23.0%, after round-tripping from a five-month low near $68.74.

WTI and Brent crude surge in July as the Iran ceasefire collapses

July 31, 2026

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Line chart of Brent crude, the S&P/TSX Composite and gold futures rebased to 100 at the August 31 close.

Brent was the only one of the three to finish above its starting level, while the index and gold both fell.

Brent, TSX and Gold Rebased to the August 31 Close

September 30, 2026

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Line chart of Government of Canada 2-year, 5-year and 10-year benchmark yields, August 31 to September 29, 2026.

The Bank of Canada held its policy rate at 2.25% for a seventh straight time, yet Canadian yields rose as United States yields surged.

Government of Canada Benchmark Yields, September 2026

September 30, 2026

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Line chart of the S&P/TSX Composite daily close for September 2026, with a shaded slide and a dashed line at the August 25 record.

The index fell for the month even though Brent crude gained and the Strait of Hormuz stayed shut, because rising United States bond yields outweighed oil and gold.

S&P/TSX Composite Daily Close Through September 2026

September 30, 2026

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