S&P/ TSX Composite heads into Friday after 352-point gold slide
Published on 10/23/2026 at 13:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGold and dates
- On October 22, 2026, the index ended at 35,973 points, down 352 points or 1.0 percent.
- Gold fell 2.7 percent and copper 2.8 percent, pressuring Canadian miners.
- Mullen Group rose 11.5 percent after quarterly results beat estimates.
- Canadian retail sales for August are due October 23, 2026, at 8:30 a.m. ET.
The S&P/TSX Composite closed at 35,973 points on October 22, 2026, down 352 points or 1.0 percent, Reuters reported. Gold and copper losses dragged on mining shares, while technology stocks weakened on renewed artificial intelligence spending concerns.
Mullen Group was the strongest major mover, rising 11.5 percent after quarterly results beat estimates. The TSX starts Friday after a sharp retreat from Wednesday's four-week high.
Why did the S&P/TSX Composite fall on Thursday?
Gold fell 2.7 percent and copper dropped 2.8 percent on October 22, 2026. The materials sector declined 5.6 percent, while technology fell 1.6 percent. Celestica dropped 12.0 percent as investors questioned spending tied to artificial intelligence, Reuters said.
Winners and losers in the S&P/TSX Composite
Thursday's Toronto Stock Exchange movers were listed by Baystreet:
- Mullen Group up 11.5 percent: quarterly results beat estimates.
- Waste Connections up 9.5 percent: quarterly results beat estimates.
- Celestica down 12.0 percent: artificial intelligence spending concerns weighed.
- BlackBerry down 9.1 percent.
What comes next for the S&P/TSX Composite
- October 23, 2026, 8:30 a.m. ET: Canadian retail sales for August, Yahoo Finance lists.
- October 23, 2026, 9:45 a.m. ET: U.S. preliminary manufacturing and services purchasing managers' indexes are scheduled.
- October 23, 2026, 10:00 a.m. ET: final University of Michigan consumer sentiment is due, with a prior reading of 46.3.
S&P/TSX Composite price data for October 22, 2026
The index closed at 35,973 points on October 22, 2026, down 352 points or 1.0 percent from the previous close of 36,325 points, Reuters reported.
S&P/TSX Composite by the numbers on October 22, 2026
- Index: S&P/TSX Composite
- Home exchange: Toronto Stock Exchange, Canada
- Close on October 22, 2026: 35,973 points
- Change versus previous close of October 21, 2026: down 352 points (down 1.0 percent)
- Previous close: 36,325 points
- Top gainer: Mullen Group up 11.5 percent
- Top loser: Celestica down 12.0 percent
- Next scheduled event: October 23, 2026, 8:30 a.m. ET: Canadian retail sales for August
