The chart shows a three-month recovery led by retailers, with auto suppliers lagging.

Stock/indexChart returnBrief explanation
Consumer Discretionary index+3.75%Recovered from its September low as retail stocks strengthened.
Aritzia (ATZ)+16.76%The sharp October jump followed results showing 44% revenue growth, strong U.S. sales and a raised annual sales outlook.
Dollarama (DOL)+14.30%Strong demand for value-priced goods supported results: Canadian comparable sales increased 5.4%.
Canadian Tire / Restaurant Brands+5.45% / +3.67%Participated in the recovery; specific catalysts are unconfirmed.
Magna / Linamar−3.35% / −12.95%Continued weakness contrasts with retailers. Tariff and automotive supply-chain uncertainty remain relevant pressures, although they do not fully explain these declines.

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