PriceSensitive

@ the Bell: Sagging commodities weigh on TSX

Market News
12 February 2026 16:43 (EST)
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Commodity prices fell on Thursday, weighing heavily on the resource-focused TSX. Meanwhile, the US House of Representatives on Wednesday narrowly approved a resolution opposing Trump’s tariffs on Canada, though it’s unlikely to gain enough support in Congress to override an expected presidential veto.

It was the same sour story in the United States, a day after a strong employment report stirred divided reactions among investors and as traders continued to digest earnings results from major corporations. The S&P 500 fell for the third straight day.

TSX32,465.28-788.91
TSXV983.21-52.51
CSE161.82-2.86
DJIA49,451.98-669.42
NASDAQ22,597.15-469.32
S&P 5006,832.76108.71

The Canadian dollar traded for 73.45 cents US compared to 73.77 cents US on Wednesday.

US crude futures traded US$1.71 lower at US$62.92 a barrel, and the Brent contract lost US$1.81 to US$67.99 a barrel.

The price of gold was down US$151.81 to US$4,921.68.

In world markets, the Nikkei was down 10.70 points to ¥57,639.84, the Hang Seng was down 233.84 points to HK$27,032.54, the FTSE was down 69.67 points to ₤10,472.11, and the DAX was down 3.46 points to €24,852.69.


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