TSX edges lower as Shopify earnings weigh on tech stocks

The S&P/TSX composite index fell today as a tech selloff led by Shopify overshadowed energy gains. Markets also weighed strong U.S. jobs data and trade concerns.

Insights:
Canada's S&P/TSX composite index finished lower on February 11, 2026, as a sharp decline in technology stocks erased earlier gains. The reversal came after the Shopify Inc. latest earnings report failed to impress investors, triggering a selloff that weighed heavily on the broader market. This downward movement occurred shortly after the index had briefly touched a record high, marking a significant shift in intraday performance for Canada CACA.
Businessmen pass the Toronto Stock Exchange sign in Toronto, Ontario, Canada, July 6, 2017. REUTERS/Chris Helgren
Businessmen pass the Toronto Stock Exchange sign in Toronto, Ontario, Canada, July 6, 2017. REUTERS/Chris Helgren
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