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S&P/TSX Composite Index Lower Thursday Morning as Information Technology, Base Metals Sectors Fall

S&P/TSX Composite Index Lower Thursday Morning as Information Technology, Base Metals Sectors Fall

MT newswireMT newswire2026/11/05 14:25
10:25 AM EST, 11/05/2026 (MT Newswires) -- The S&P/TSX Composite Index was lower Thursday morning as the information technology shares led most sectors lower. The index was down 0.8%, or 294.07 points, to 36,047.33. Information technology and base metals sectors were the weakest performers, shedding 4.8% and 3.7%, respectively. Copper futures for December fell 1.2% on last look. In precious metals, silver and gold edged up. The telecommunications sector was the strongest performer on last look, jumping 2.6%. It was followed by the energy sector, which was 1% higher mid-morning, as crude oil prices rose on reports on oil tankers being attacked in the Middle East. The Carney government will table its second budget today. According to an earlier statement, the budget will outline the government's plan to build a more resilient economy, and make life more affordable for Canadians.
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