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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 fell more than 100 points in late-morning trading, while U.S. stock markets also retreated.

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TORONTO – Canada’s main stock index fell more than 100 points in late-morning trading, while U.S. stock markets also retreated.

The S&P/TSX composite index fell 138.40 points to 31,345.04.

In New York, the Dow Jones industrial average was down 202.51 points at 48,214.05. The S&P 500 index was down 35.26 points at 6,781.25, while the Nasdaq composite was down 75.31 points at 22,982.10.

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

The Canadian dollar traded for 72.71 cents US compared with 72.62 cents US on Monday.

The February crude oil contract was down US$1.58 at US$55.09 per barrel.

The February gold contract was up US$13.70 at US$4,348.90 an ounce.

This report by The Canadian Press was first published Dec. 16, 2025.

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

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