S&P/TSX composite down more than 100 points, U.S. stock markets also lower

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TORONTO - Canada's main stock index was down more than 100 points in late-morning trading, driven by losses in the base metal, technology and industrial sectors, while U.S. stock markets also fell.

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TORONTO – Canada’s main stock index was down more than 100 points in late-morning trading, driven by losses in the base metal, technology and industrial sectors, while U.S. stock markets also fell.

The S&P/TSX composite index was down 120.87 points at 30,205.59.

In New York, the Dow Jones industrial average was down 262.94 points at 46,884.54. The S&P 500 index was down 37.21 points at 6,696.90, while the Nasdaq composite was down 129.43 points at 22,771.16.

A board above the trading floor of the New York Stock Exchange is shown in this image, Tuesday, July 1, 2025. (AP Photo/Richard Drew)
A board above the trading floor of the New York Stock Exchange is shown in this image, Tuesday, July 1, 2025. (AP Photo/Richard Drew)

The Canadian dollar traded for 71.25 cents US compared with 71.30 cents US on Friday.

The January crude oil contract was down 15 cents US at US$59.80 per barrel.

The December gold contract was down US$38.00 at US$4,056.20 an ounce.

This report by The Canadian Press was first published Nov. 17, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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