Bay Street stocks moved down at open Friday amid selling in commodities, with the S&P/TSX Composite Index shedding 58.25 points or 0.50 percent to 11,677.92.
The Diversified Materials Index lost close to 2 percent, with First Quantum Minerals (FM.TO) and Teck Resources (TCK_B.TO) losing around 1 percent each.
In the oil patch, Suncor Energy (SU.TO) and Enbridge Inc. (ENB.TO) were down close to 2 percent each.
Among gold plays, Detour Gold (DGC.TO) was down nearly 5 percent. Allied Nevada Gold (ANV.TO), Barrick Gold (ABX.TO) and Goldcorp. (G.TO) were down around 2 percent each.
Canadian stock market operator TMX Group Inc. (X.TO) reported a lower first-quarter net income
Meanwhile, Savanna Energy (SVY.TO) gained over 5 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.