Canada Stock Market Today: TSX Retreats From Record High as Tech Slumps and Banks, Gold Take Centre Stage (Dec. 1, 2025)
Toronto’s stock market kicked off December on a cautious note. After notching a record high and its strongest month of 2025 in November, the S&P/TSX Composite Index slipped on Monday as investors locked in profits, digested weaker manufacturing data, and braced for a packed week of bank earnings and central‑bank decisions. Reuters+2TradingView+2 By late morning, the TSX was trading roughly 0.3–0.5% lower, hovering just below the 31,300 level and down more than 150 points at one stage, with technology and financial stocks leading losses. winnipegfreepress.com+3Reuters+3TradingView+3 Market snapshot: Canada stock market today In other words, Canada’s stock market today is cooling off after a powerful rally, rather than reversing the broader