S&P/TSX falls 0.8% to 36,270 as banks and miners decline

2026年8月31日20:32 (21d ago)

S&P/TSX Composite Index fell to 36,270 as financial and mining stocks declined
0.8% marked the index's Monday loss, while August produced a 1.3% gain
Energy producers rose as crude prices increased, offsetting declines across banks, miners and technology stocks

The S&P/TSX Composite Index fell 0.8% to close at 36,270 on Monday as financial and mining stocks declined. Renewed Middle East tensions heightened inflation concerns, while hawkish comments from Federal Reserve Chair Kevin Warsh reinforced expectations for a September rate hike. Major banks fell despite expectations that the Bank of Canada (BoC) will hold rates on Wednesday. Lower gold prices weighed on miners, while higher crude prices supported energy producers. The index still gained 1.3% in August, extending its winning streak to five consecutive monthly advances.