TSX edges down 0.1% as jobless rate rises to 6.7%

The S&P/TSX composite index was down 36.42 points, or 0.10 per cent, at 35,568.85 at 10:12 a.m. ET on Friday, as investors weighed Statistics Canada’s October jobs report showing the unemployment rate rose to 6.7 per cent. TMX Money and Yahoo Finance showed the same level.

Statistics Canada said employment was little changed in October, down 4,700, and the unemployment rate rose 0.2 percentage points from September. The agency said private sector employment fell by 53,000, while public sector employment rose by 50,000. Alberta lost 24,000 jobs and British Columbia gained 12,000.

The index opened at 35,500.64 and has ranged between 35,397.44 and 35,581.59 so far, according to TMX Money. It is up 12.27 per cent so far this year. The move is small after Thursday’s 736-point drop, which we covered in our report on the AI-stock rout that hit Toronto.

On Wall Street, Yahoo Finance data showed the S&P 500 up about 0.8 per cent and the Nasdaq composite up about 1.5 per cent at the same time, after Thursday’s technology selloff. The Dow Jones industrial average was down about 0.1 per cent.

West Texas Intermediate crude traded near US$90.67 a barrel, little changed, and gold futures were down about 1.3 per cent at US$4,058.50 an ounce, Yahoo Finance data showed. Our morning preview has the earnings releases due from Emera, Pembina, Docebo and Cineplex.

Figures are intraday, as of 10:12 a.m. ET on Friday, Nov. 6, 2026, and will change during the session. Sector and individual stock moves will be in our market close report.

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This article is for information only and is not investment advice. Speak to a licensed adviser before making investment decisions.