Canadian Stocks Drop as Gold Plunges, Inflation Accelerates
Canada's stocks benchmark tumbled on Tuesday, underperforming its US counterpart as inflation quickened more than expected and falling gold prices weighed on 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.
Written by Bloomberg, October 21, 2025, 9:00 AM, Economic news
The performance stands in sharp contrast to the US benchmark, the S&P 500, which is gaining for a third-straight session.
Authors: Geoffrey Morgan and Monique Mulima (Bloomberg)
Author's summary: Canada's stocks drop due to inflation and gold prices.