Canadian Stocks Increase 1.2% In Morning Trading
Dow Jones2026/11/04 15:11This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Canada climbed during early trading Wednesday, as the S&P/TSX Composite Index gained 1.2% to 35944.67.
Among local companies with a market cap of at least 1 billion Canadian dollars ($716.4 million), Propel Holdings is the biggest leader this morning, jumping 11%, and Discovery Mining jumped 8.8%. Fairfax Financial Hldgs rounds out the top three movers, as shares jumped 8.5%.
Hut 8 is the biggest early laggard, plunging 18%, followed by shares of Ivanhoe Mines, which plunged 12%. Shares of Element Fleet Management plunged 11%.
On the currency front, the WSJ Dollar Index dropped 0.3% to 96.94. The Canadian dollar strengthened 0.4% against the U.S. dollar to US$0.72.
In the bond markets, the 10-year Canadian government bond yield fell 1.78 basis points to 3.763%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 04, 2026 10:11 ET (15:11 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned
According to reports, Tesla (TSLA.US) and SpaceX (SPCX.US) plan to achieve a production capacity of 1 million semiconductor wafers per month at the proposed Terafab factory starting in 2032.
Eurozone Sentix Investor Confidence Index slips to 2.4 in November from 2.7 in October
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Crypto prices
More
