The Canadian Index

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Line chart showing the S&P/TSX Composite's daily closes through July 2026 into the Civic Holiday closure.

Canadian markets were closed Monday for the Civic Holiday, a tradition that traces to an 1869 Toronto City Council request for a midsummer break and spread nationally by imitation rather than legislation. The TSX Composite finished the preceding Friday down 0.79 percent, weighed down by weakness in gold miners and TELUS's dividend cut, but the index was still on track for a fourth consecutive monthly gain. Trading resumed Tuesday.

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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Line chart of the S&P/TSX Composite, gold and WTI indexed to 100 at the September 8 close, through October 9.

Since August 25 the index has moved with gold and against crude, and that pattern held again on jobs report day, when gold futures gained and oil was flat.

TSX, Gold and WTI Indexed to the September 8 Close

October 9, 2026

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Line chart of the S&P/TSX Composite daily close from August 25 to October 9, 2026, ending with a jobs-day gain.

Canada lost 68,300 jobs in September, concentrated in the public sector, yet the index rose because the weak data cut swap-implied odds of…

S&P/TSX Composite Since August 25 With the October 9 Jobs Report Reaction

October 9, 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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Line chart of Government of Canada 2-year, 5-year and 10-year benchmark yields through August 2026, with a shaded span at the August 21 peak.

Canadian yields drifted higher through August even though the Bank of Canada held its policy rate at 2.25% and had no decision to make during the month.

Government of Canada Benchmark Yields, August 2026

August 31, 2026

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