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Canada, U.S. Markets Move in Opposite Directions Amid Sell-Off in Precious Metals
Losses in base metals and energy sectors drove the S&P/TSX down 244 points amid falling oil and gold prices, despite gains in major U.S. indices, reports show.
- On Feb. 17, 2026, the S&P/TSX composite index was down 243.72 points at 32,829.99, The Canadian Press reported.
- Amid late-morning trading, the resource sectors, including the base metals sector and energy stocks, weighed on the index, according to the source.
- The April gold contract was down US$138.60 at US$4,907.70 per ounce, and the Canadian dollar traded for 73.21 cents US compared with 73.45 cents US on Friday.
- While Toronto slid, U.S. benchmarks including the S&P 500 index and Nasdaq composite rose, with the Dow Jones industrial average up 128.98 points at 49,629.91.
- Intraday data showed price swings and reporting updates, with the April crude oil contract down 49 cents at US$62.26 per barrel and late-morning S&P/TSX composite index prints varying between more than 200 points and 177.16 points.
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15 Articles
15 Articles
Winnipeg Free Press+12 Reposted by 12 other sources
S&P/TSX composite down more than 200 points, U.S. stock markets up
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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The Toronto Stock Exchange fell by more than 200 points on Tuesday late in the morning, with losses from the base metals and energy sectors, as the major U.S. indices progressed.
·Montreal, Canada
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Total News Sources15
Leaning Left7Leaning Right0Center4Last UpdatedBias Distribution64% Left
Bias Distribution
- 64% of the sources lean Left
64% Left
L 64%
C 36%
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