Canadian equities continued to decline for a second consecutive day as renewed trade tensions between the U.S. and Canada rattled investor sentiment. Markets initially tumbled after U.S. president Donald Trump’s tariff hike announcement on Canadian steel and aluminum imports but pared some losses after he walked back the move, though uncertainty remained high. The S&P/TSX Composite Index ended the volatile session with a loss of 133 points, or 0.5%, at 24,248 — extending its weekly decline to over 2%.
While a sharp rally in metals prices pushed the mining stocks higher, a selloff in most other key sectors, including consumer staples, healthcare, and industrials, weighed on the TSX index.
Top TSX Composite movers and active stocks
Tilray Brands, BRP, Telus, and Imperial Oil were the worst-performing TSX stocks for the day, with each diving by more than 4%.
On the flip side, Aya Gold & Silver (TSX:AYA) jumped by about 16% to…
