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Mixed Market Movements as TSX Gains While U.S. Indices Decline

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The Canadian stock market experienced mixed movements on Tuesday, November 3, 2026, with the TSX Composite Index showing a slight gain of 0.51%. In contrast, major U.S. indices like the S&P 500 and the Dow Jones Industrial Average both declined by 0.51% and 0.41%, respectively. The NASDAQ Composite saw a more significant drop of 1.07%.

Commodities also saw notable shifts, with oil prices rising by 2.24%, while gold prices fell by 1.26%. The Canadian dollar strengthened slightly against the U.S. dollar, with 1 CAD now converting to 0.71617 USD, or equivalently, 1 USD to 1.39632 CAD.

Among the top movers on the TSX, Enbridge (ENB) decreased by 0.42%, while Whitecap Resources (WCP) and Cenovus Energy (CVE) both saw significant declines of 6.52% and 6.18%, respectively. Manulife Financial (MFC) was a standout gainer, rising by 0.5%.

The Japanese Yen also weakened against the Canadian Dollar, with a 1-year change of -2.96%. Market data was provided by Barchart, with the usual disclaimers about delays and informational use only.

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