TSX Edges Higher as Oil Prices and Bond Yields Ease

2026-10-06 13:48 By Isabela Couto 1 min. read

The S&P/TSX Composite Index edged higher near 35,500 on Tuesday amid easing oil prices and a pullback in global bond yields.

Oil prices fell as resilient Middle Eastern crude exports and a G7 emergency stockpile release eased supply concerns, reducing energy-driven inflation pressures.

Yields also eased from multi-year highs, offering some respite to credit-sensitive markets.

RBC and TD Bank rose more than 0.5%, while BMO, Scotiabank and CIBC gained nearly 1%.

Miners were mostly lower amid volatile gold prices, with Barrick and WPM shedding about 0.5%.

Elsewhere, Jamieson Wellness was near flat after receiving final court approval for its pending acquisition by Kirin Holdings.

On the data front, Canada’s merchandise trade surplus widened to a four-year high in August as US consumers front-loaded orders before new tariffs took effect at the end of the month.



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