Pre Market
Wall Street Wrap: Pre-Market, October 6, 2026
U.S. futures rise as Treasury yields and oil prices ease and chipmakers climb, with the S&P 500 eyeing a fresh closing record ahead of Wednesday's Fed minutes. Option Care Health leads pre-market gainers on a $5.8 billion CD&R and McKesson buyout, while Constellation Energy jumps on a Google nuclear power deal. Trump's dyed-diesel order, Goldman's call for high diesel prices through 2027 and stepped-up Iranian tanker attacks add to the energy backdrop.
Why Are PowerBank (NASDAQ:PBK), Ascend Wellness (CSE:AAWH.U) and Tiernan Gold (TSXV:TNGD) Down More Than 10%?
Five Canadian-listed small caps fell more than 10% on Monday even as the S&P/TSX Composite edged up 0.04% and gold rose. PowerBank (NASDAQ:PBK) slid 21% amid a Nasdaq bid-price warning, Ascend Wellness (CSE:AAWH.U) gave back 17%, and Apex Critical Metals (CSE:APXC) dropped despite strong drill results. No clear company news was found for Tiernan Gold (TSXV:TNGD) or CVW Sustainable Royalties (TSXV:CVW).
Why Did Sailfish Royalty (TSXV:FISH), Aldebaran (TSXV:ALDE) and Athabasca Oil (TSX:ATH) Lead Canada’s Biggest Stock Gainers?
Nine Canadian-listed stocks rose more than 12% on Monday even as the S&P/TSX Composite gained just 0.04%. Takeover news lifted Athabasca Oil (TSX:ATH) and Aurora Cannabis (TSX:ACB), and record drill results boosted Aldebaran (TSXV:ALDE). Sailfish Royalty (TSXV:FISH) led with a 39% jump, while several others appeared to be rebounding or riding momentum.
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Why Did the S&P/TSX Composite Barely Move as Shopify (TSX:SHOP) and Athabasca Oil (TSX:ATH) Surged?
The S&P/TSX Composite edged up 0.04% on Monday as technology, consumer discretionary and mining shares gained. Athabasca Oil (TSX:ATH) jumped 13.5% on Cenovus’s takeover offer and Shopify (TSX:SHOP) rose 5.7%, while Allied Properties REIT (TSX:AP.UN) fell 8.2% to an all-time low. Decliners outnumbered advancers.
Why Did Aurora Cannabis (TSX:ACB) Stock Jump 16% After Curaleaf Raised Its Hostile Takeover Offer by 25%?
Aurora Cannabis (TSX:ACB) shares jumped about 16% after Curaleaf Holdings (OTCQX:CURLF) raised its unsolicited offer by 25% to $5 a share, lifted its cap price to $6 and extended the bid to Dec. 4. Aurora’s board, which unanimously rejected the first offer, has yet to agree to engage.
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Why Did SpaceX (TSX:SPCX), Shopify (TSX:SHOP) and Three Other Canadian-Listed NASDAQ Stocks Rally as the Nasdaq Hit a Record High?
Five US-listed growth names rose on Monday as the Nasdaq hit a record. SpaceX (TSX:SPCX) and Shopify (TSX:SHOP) gained on analyst support, Western Digital (TSX:WDC) recovered from a Toshiba-driven selloff, AppLovin (TSX:APPS) bounced from 52-week lows, and Xanadu (TSX:XNDU) rebounded after a post-lockup slide.
Why Is Sigma Lithium (TSXV:SGML) Stock Rising Despite a Brazil Production Pause and Analyst Downgrades?
Sigma Lithium Corp. (NASDAQ:SGML; TSXV:SGML) rose 5.2% to US$9.56 on Monday, extending a rebound even as production at its Brazilian mine stays suspended pending a court ruling and JPMorgan cut its rating to Neutral. With no company news, traders appear to be following broader EV-materials sentiment.
Why Did Athabasca Oil (TSX:ATH) Stock Jump 13.5% After Cenovus Agreed to a C$5.7 Billion Takeover?
Athabasca Oil Corp. (TSX:ATH) surged 13.5% after Cenovus Energy Inc. (TSX:CVE) agreed to buy the Alberta producer for about C$5.7 billion, offering C$12 a share in cash or stock. The deal adds roughly 45,000 barrels a day of production and a path to 115,000 barrels a day of thermal output by 2032, while Cenovus shares fell 3%.
From bitcoin to dogecoin, Polymarket's 15-minute crypto bets, explained
Polymarket US launched 15-minute Bitcoin Up or Down contracts in September 2026. This primer explains how they work, how they compare with binary options, and the settlement and regulatory risks that may shape their growth outlook.
The Wall Street Wrap: October 5, 2026
The Nasdaq closed at a record on Monday as a rally in heavyweight technology shares outweighed Treasury yields that touched their highest levels since 2002, with the S&P 500 up 0.66% and the Dow up 0.18%. Schneider Electric agreed to buy PTC for about $22.6 billion, SpaceX jumped nearly 8%, and Brazilian assets surged after Flavio Bolsonaro topped the first round of the presidential election.
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