Canadian Stocks Decline 0.4% in Early Trading

Dow Jones07-17

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada slipped during early trading Friday, as the S&P/TSX Composite Index declined 0.4% to 35213.53.

Among local companies with a market cap of at least 1 billion Canadian dollars ($713.8 million), Hut 8 is the biggest early laggard, plunging 6.9%, followed by shares of Xanadu Quantum Techs, which tumbled 5.1%. Shares of MDA Space declined 4.6%.

Valeura Energy is the biggest leader this morning, adding 4.7%, and Molson Coors Canada Cl B gained 4.2%. Methanex rounds out the top three movers, as shares added 3.4%.

On the currency front, the WSJ Dollar Index increased 0.1% to 97.08. The Canadian dollar strengthened 0.2% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield declined 0.36 basis point to 3.526%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 17, 2026 10:11 ET (14:11 GMT)

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