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Global Stock Markets Tumble with Major Indices Down Sharply

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CAD
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On October 14, 2026, Canada’s main stock index, the S&P/TSX composite, fell sharply in late-morning trading. The index dropped by 363.80 points, bringing it down to 35,620.18. The decline was driven by losses in the base metal and technology sectors.

The downturn extended to U.S. stock markets, where the Dow Jones industrial average lost 18.35 points, settling at 51,651.75. The S&P 500 index also dipped, shedding 60.72 points to reach 7,744.73, while the Nasdaq composite fell by 286.36 points to 26,918.02.

The Canadian dollar weakened slightly, trading at 70.02 cents US, down from 70.31 cents US the previous day. Meanwhile, the November crude oil contract saw a modest gain, rising by US$1.38 to US$95.52 per barrel.

In contrast, the December gold contract experienced a significant decline, dropping by US$69.70 to US$4,107.60 an ounce.

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