18 November 2025, 02:05  Canada: TSX Tumbles at Week's Start.

The S&P/TSX Composite Index fell 0.8% to close at 30,076 on Monday as a tech swoon weighed on the market while investors parsed fresh Canadian and US economic indicators. Canada’s annual inflation eased to 2.2% in October while core measures the Bank of Canada watches held near 3% reinforcing the BoC view that the cut cycle is likely over. Tech mega cap Shopify led losses, tumbling 3.9%, followed by Constellation Software down 2.9% and other growth names under pressure. Financials and large miners also lagged, with BMO, Agnico Eagle, Brookfield, Manulife, and Wheaton Precious Metals each losing between 1.3% and 2.5%. With the US government shutdown ended, delayed US releases including the jobs report will resume this week and should help clarify the Fed outlook and frame near term market moves.

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