The S&P/TSX Composite fell 0.79 percent Friday as a drop in gold dragged materials stocks lower and TELUS slid on its dividend cut, even though the index still closed July up 1.1 percent for a fourth straight monthly gain. Gold has since recovered above Friday's level while crude oil remains below its Friday close, leaving Tuesday's reopening to price a reversed commodity backdrop against Monday's record close on US benchmarks.
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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.
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Gold rallied and gold miner shares carried the TSX higher, while Brent ended the month close to where it began.
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August 31, 2026
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Gold miners did most of the lifting as the index set eight record closes during the month, the last on August 25.
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August 31, 2026
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Brent crude jumped on September 23, 2026, yet the Canadian dollar weakened for a third session as rising US rate expectations outweighed oil.
Brent Jumps While the Canadian Dollar and TSX Fall in the September 23 Session
September 23, 2026
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The S&P/TSX Composite fell on September 23, 2026, even as crude oil rallied, because losses in gold miners outweighed modest gains in energy stocks.
TSX Composite Falls Despite an Oil Rally as Gold Stocks Slide
September 23, 2026
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The TSX Composite closed the week at 35,806.65, down 67.61 points Friday with decliners outnumbering advancers by roughly 400.
The TSX Closed a Volatile Week at 35,806.65. Energy Was the Only Sector That Actually Held.
September 21, 2026
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