The Canadian Vanguard Stock Market Report – Weekend, October 3 – 5, 2025 Edition
Indexes Remain Near Highs Despite Government Shutdown Risks
. (The Stock Market Report is updated regularly during the weekend)
The Toronto Market
The TSX Composite Index rose a muscular 311.09 points, or 1.03%, closing the session at 30,471.68. The index has now gained in the last six consecutive market sessions with today’s gain being the highest during the six session period.
Today’s Market Statistics: The issues that gained (Advancers) outnumbered those that declined (Decliners). There were five Advancers for every two Decliners, or a more exact ratio of 2.56-to-1.0. In real numbers, there were 1,421 Advancers to 555 Decliners while 154 stocks remained Unchanged.
Today, there were 528 new 52-Week Highs and 21 new 52-Week Lows. There were 390 new 52-Week Highs and 23 new 52-Week Lows on Thursday.
The total volume of shares traded at the TSX today was 467,372,009, or 3% higher than the volume of 452,692,373 shares traded on Thursday.
Market Wrap-Up Report
The TSX index posted strong gains today, marking a robust rally across several sectors. Notably absent from the list of top ten performers at the close of the market were gold and gold mining stocks—except for NovaGold Resources Inc. (TSX: NG), which stood out as a rare exception.
Shopify Inc. (TSX: SHOP), a heavyweight in the technology sector, surged 6.5%, gaining $13.65 to close at $224.89, with 2.1 million shares traded. While this performance is impressive, savvy investors understand that decisions shouldn’t be based on a single day’s results.
Another standout in tech was Constellation Software Inc. (TSX: CSU), which rose 3.3%, or $127.69, to finish the session at $4,029.53. The stock saw 80.1K shares traded—a figure that’s relatively modest for a stock priced over $4,000, where million-share volumes are often expected.
Meanwhile, energy stocks dominated today’s list of top performers, underscoring sectoral strength outside of technology.
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The US Markets
Friday was a mixed market session with NASDAQ closing in the red but S&P 500 very narrowly escaped closing in the red. The Dow Jones Industrial Average rose 238.56 points, or 0.51%, to close the session at 46,758.28. The S&P 500 index managed to end the session with a 0.44 point gain, less than a point, or 0.01%, ending the session at 6,715.79. The Nasdaq Composite declined -63.54 points or -0.28%, to finish at 22,780.51. The Russell 2000, which tracks small-cap stocks, rose 17.69 points, or 0.72%, closing at 2476.18. Russell 2000 improved slightly over its Thursday’s performance.
Today’s Market Statistics: At the NYSE, the issues that gained (Advancers) totally outnumbered the issues that declined (Decliners). There were roughly nine Advancers for every five Decliners, or a more exact ratio of 1.72-to-1.0. In actual numbers, there were 2,704 Advancers to 1,575 Decliners with 348 Unchanged.
Today, there were 686 new 52-Week Highs and 55 new 52-Week Lows. There were 530 new 52-Week Highs and 93 new 52-Week Lows on Thursday.
The total volume of stocks traded today at the NYSE was 5,755,109,997, or 5% higher than the total volume of 5,464,093,513 shares traded on Thursday.
On the NASDAQ, the Advancers outnumbered the Decliners. There were three Advancers for every two Decliners, or an exact ratio of 1.49-to-1.0. In actual numbers, there were 2,813 Advancers to 1,880 Decliners with 263 Unchanged.
Today, there were 442 new 52-Week Highs and 54 new 52-Week Lows. There were 410 new 52-Week Highs and 105 new 52-Week Lows on Thursday.
The total volume of shares traded at the NASDAQ today was 10,761,812,587, or 8% higher than the total volume of 9.941,826,991 shares traded on Thursday.
Market Roundup Report
Technology led the market on Thursday, but the sector lost momentum on Friday. Tech stocks were not among the top performers, with the Nasdaq posting a decline and the S&P 500 narrowly avoiding a negative close. The Dow emerged as the top-performing index for the day. While it may be a favorable time to be fully invested, investors should remain cautious—especially with stocks that appear overextended. Often, it’s wiser to wait for the inevitable pullback before adding new positions.
Oil Price: U.S. crude oil futures rose about 1% on Sunday. The US Oil price is at $61.79 per barrel, as of the time (10:00 pm ET, Sunday) of this post update.
10 –year Treasury Yield: The 10-year Treasury yield was up slightly to 4.14% on Friday. The 10-year yield is at 4.14%, as of the time (10:30 pm ET, Sunday) of this post update.
Gold and silver prices edge higher Sunday evening. As of 10:30 PM ET on Sunday, gold is up 0.94% to $3,947.00 per ounce, while silver has gained 0.47% to trade at $48.19. Gold prices may continue to rise as long as the U.S. government shutdown persists. However, it’s important to remember that the market often moves independently of statistical models and predictions. Treating the market as inherently unpredictable can lead to more grounded decision-making.
Bitcoin (BTC-USD) is currently trading at $124,084.00. The cryptocurrency has been trending upward since the beginning of the current U.S. government shutdown.
After-hours action: Stock futures show modest movement Sunday evening. As of 10:00 pm Sunday evening, Dow futures are up 66.00 points, or 0.14%, versus fair value. S&P 500 futures have gained 16.00 points, or 0.24%, to trade at 6,780.00, while Nasdaq 100 futures are up 85.50 points, or 0.34%, at 25,077.50.
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NOTICE TO READERS
Our readers are strongly advised to conduct their research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation. Any recommendation is not a guarantee of any particular stock’s future prices, and The Canadian Vanguard accepts no responsibility or liability for investors’ or readers’ purchases.
The Canadian Vanguard’s Stock Market Reports, https://www.thecanadianvanguard.com/category/stock-markets/ , are composed by senior Financial Industry and Information Technology professionals. We deliberately neither engage nor deploy AI tools to produce data for these reports.
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(c) This article is published by The Canadian Vanguard on October 3, 2025
