The Canadian Index

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Line chart showing the TSX Composite rebounding 1.17 percent Tuesday after Monday's steepest one-day decline in over a week.

The TSX Composite closed up 1.17% Tuesday, rebounding from Monday's 0.86% drop, the index's first close below 35,000 in eight sessions. The swings tracked headlines out of the Iran conflict, with Tuesday's gain following a mediator-floated 10-day ceasefire proposal and gold-linked miners leading the advance. Behavioural research on loss aversion holds that investors weigh losses more heavily than equivalent gains, which is why those who reacted to Monday's selloff were the ones most likely to miss Tuesday's recovery.

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 Cboe VIX volatility index from late August to September 23, 2026, hovering in the mid-teens.

The VIX estimates how much the options market expects stocks to move over the next thirty days, so it can stay quiet while individual sessions are violent.

VIX Stays Subdued While the TSX Swings

September 24, 2026

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Line chart showing the VIX volatility index holding a narrow range through late August 2026 despite trade war headlines.

The VIX has held a narrow range for most of August even as Ottawa confirmed C$27.6 billion in retaliatory tariffs and Washington unveiled a sweeping new Iran sanctions campaign.

The VIX Has Not Moved in Three Weeks. That Is Not the Same as Markets Judging the Trade War Small.

August 26, 2026

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Line chart comparing University of Michigan consumer sentiment with the S&P/TSX Composite over 13 months to September 2026.

Consumer sentiment and the Canadian equity index have moved in opposite directions in most months of the past year.

Consumer Sentiment Falls While the TSX Rises

September 28, 2026

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Bar chart of the TSX Composite's daily percentage swings from August 10 to September 4, 2026, showing an unusually volatile six-session stretch.

The TSX has broken its own recent volatility average in five of the last six sessions, a stretch triggered by Washington's tariffs on…

Why This Week Feels Worse Than the TSX Actually Performed

September 8, 2026

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Line chart showing the S&P/TSX Composite closing higher after a volatile week driven by war-related headlines.

Kahneman and Tversky's loss aversion research helps explain the sequence: losses recorded during a decline carry roughly twice the…

Why the TSX's Two-Day Rebound Is the Most Dangerous Data Point on the Chart

September 4, 2026

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Line chart showing the S&P/TSX Composite climbing toward a 52-week high during eleven nights of strikes on Iran.

The index has climbed toward a record high through eleven straight nights of strikes on Iran, a rally powered narrowly by gold miners and…

The Recency Trap in a War-Driven Rally

July 23, 2026

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