A confirmed November 3 market close replaces the prior morning's futures snapshot; results are dated and not a live ticker.
Canadian benchmark finishes lower
Canada's S&P/TSX Composite Index fell 268.81 points, or about 0.8%, to close at 35,532.28 on Tuesday, November 3, 2026, according to Reuters. It was the index's lowest closing level since October 8, reversing the previous day's recovery. The figure is the completed Tuesday session, not a live intraday price or a prediction of Wednesday's market. Investors were watching corporate earnings, U.S. midterm voting and indications of possible Canada–U.S. trade progress.
Technology stocks drag on the market
Shopify shares fell roughly 8% after the e-commerce company reported third-quarter revenue that slightly missed analysts' estimates, Reuters reported. Thomson Reuters shares lost around 9% despite higher quarterly revenue, as investors questioned the near-term effects of spending on artificial intelligence. The S&P/TSX technology sector declined 1.7%. These stock moves reflect the reaction during Tuesday's session and should not be mistaken for an independently verified assessment of the companies' long-term prospects.
Other sectors and the trade backdrop
The materials group lost 1.5%, while gold prices slipped as the U.S. dollar and Treasury yields strengthened. Semiconductor materials producer 5N Plus stood out with a gain of 24.7% after a stronger-than-expected quarterly revenue report. U.S. President Donald Trump said Washington was close to a trade deal with Canada, but no binding new deal or full text was provided. Market participants cautioned that details and timelines would matter.
What the close can tell investors
The stock-market selloff is a confirmed result for November 3, not proof of how the 2026 U.S. midterm elections will finish. The next tests include official election results, Bank of Canada communication, corporate updates and any formal Canada–U.S. trade announcement. CDN News reports these figures as dated financial news, not an automatically updating quote or investment recommendation.
Sources & transparency
Reuters, TSX hits nearly four-week low as Shopify slides, November 3, 2026Original CDN News coverage. Sources are linked for reference.
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