Canadian Stocks Fall 3.8%

Dow Jones04-04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada fell Thursday, as the S&P/TSX Composite Index declined 3.8% to 24335.77, snapping a three-session winning streak.

Among large local companies, Aritzia was the biggest laggard, plunging 20%, followed by shares of Shopify Cl A, which tumbled 20%. Shares of Celestica plunged 18%.

Collective Mining was the biggest leader during the session, rising 3.3%, and Lundin Gold rose 2.8%. Hydro One rounded out the top three movers, as shares added 2.6%.

U.S. stock indexes decreased as the Nasdaq Composite Index declined 6.0%. Meanwhile, the S&P 500 Index declined 4.8%, and the Dow Jones Industrial Average dropped 4.0%.

On the currency front, the WSJ Dollar Index declined 1.2% to 98.12. Locally, the U.S. dollar was equivalent to 0.71 Canadian dollars, up 1.1%.

In the bond markets, the 10-year Canadian government bond yield declined 0.24 basis point to 2.913%.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

April 03, 2025 16:31 ET (20:31 GMT)

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