Canadian Stocks Drop Amidst Gold Plunge and Accelerating Inflation
Canada's stocks benchmark declined on Tuesday, underperforming its US counterpart due to unexpected inflation acceleration and falling gold prices affecting the mining sector.
The S&P/TSX Composite Index dropped as much as 1.8% as of 11:55 a.m. in Toronto, heading for its worst day since April 10.
This decline contrasts with the US benchmark, the S&P 500, which is gaining for a third-straight session.
Written by Bloomberg, October 21, 2025, 9:00 AM
Authors: Geoffrey Morgan and Monique Mulima (Bloomberg)
Summary: Canada's stocks fell due to inflation and gold price decline.
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