CCOE.TO is trading at CA$10.45, down -3.06%, as hotter September inflation revived concern about further Fed rate hikes, pressuring rate-sensitive equities.

  • September inflation was 3.7% year over year, while core CPI was 2.6%.
  • A broader technology-led selloff and anxiety about AI-sector debt added to risk aversion; uranium and nuclear shares also faced selling pressure.
  • These headwinds likely weigh on CCOE through its Cameco exposure, despite record long-term uranium contract prices.