S&P/ TSX Composite heads into Tuesday after jobs shock, up 519 points
Published on 10/13/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- The S&P/TSX Composite finished October 9 at 35,665 points, up 519 points or 1.5 percent.
- Canada lost 68,300 jobs in September versus a forecast gain of 9,200.
- Aritzia jumped 20.5 percent after beating second-quarter revenue and profit estimates.
- U.S. existing-home sales are due October 13 at 10:00 a.m. ET, with 3.96 million expected.
The S&P/TSX Composite closed at 35,664.62 points on October 9, gaining 519.24 points or 1.48 percent. Canada's September employment loss of 68,300 jobs, against a forecast gain of 9,200, reduced expectations for a Bank of Canada rate hike, Reuters reported.
Aritzia surged 20.5 percent after beating second-quarter revenue and profit estimates. Shopify gained 4.1 percent, while weaker telecom shares limited the advance, Trading Economics reported.
Top and flop in the S&P/TSX Composite
Winners and losers on October 9 according to Trading Economics:
- Aritzia up 20.5 percent: quarterly results beat estimates.
- Lundin Gold up 10.5 percent: its mine delivered a record production quarter.
- Shopify up 4.1 percent: technology shares strengthened.
- Cogeco Communications down 7.1 percent: communications stocks weakened.
- BCE down 5.5 percent: telecom shares lagged.
Why is the S&P/TSX Composite heading into Tuesday higher?
Materials rose 2.81 percent, technology gained 2.88 percent and financials advanced 1.21 percent. The index also ended the week 0.46 percent higher after two weekly declines, The Globe and Mail reported. Gold settled at USD 4,216.30 an ounce and oil at USD 91.85 a barrel on Friday, Canadian Press reported.
What comes next for the S&P/TSX Composite
- October 13, 2026, 6:00 a.m. ET: NFIB Small Business Optimism, with 98.0 expected versus 98.7 previously, Investing.com reports.
- October 13, 2026, 10:00 a.m. ET: Existing-home sales, with 3.96 million expected versus 3.98 million previously, Investing.com reports.
- October 13, 2026, 2:00 p.m. ET: U.S. federal budget balance, with a USD 28.0 billion deficit expected versus USD 167.0 billion previously, Investing.com reports.
- October 14, 2026, 8:30 a.m. ET: U.S. September consumer-price data, with headline inflation expected at 3.6 percent year over year versus 3.4 percent previously, InvestingLive reports.
