Canada’s main stock index and U.S. markets alternate between gains and losses across the trading day, with the S&P/TSX composite frequently moving in response to sector performance and moves in oil prices. Several reports place the index down by more than 100 points at one point, then later up by more than 150 to 250 points in late-morning trading.

One outlet links a decline to falling oil prices, while another points to weakness in technology and base metals as weighing on the Toronto index. A separate report describes later strength led by financial and utility sectors. U.S. stocks are described as either falling in tandem with Canada or trading “mixed,” depending on the specific time of day covered by each article, reflecting differing market performance across sectors in the U.S.