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S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

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TORONTO - Canada's main stock index fell in late-morning trading, weighed down by losses in the heavyweight financial sector, while U.S. stock markets were also in the red. 

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TORONTO – Canada’s main stock index fell in late-morning trading, weighed down by losses in the heavyweight financial sector, while U.S. stock markets were also in the red. 

The S&P/TSX composite index was down 49.90 points at 31,214.03.

In New York, the Dow Jones industrial average was down 42.17 points at 48,072.09. The S&P 500 index was down 43.79 points at 6,756.47, while the Nasdaq composite was down 262.65 points at 22,848.81.

A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin Tang
A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a $20 bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, Wednesday, Sept. 4, 2024. THE CANADIAN PRESS/Justin Tang

The Canadian dollar traded for 72.57 cents US compared with 72.74 cents US on Tuesday.

The February crude oil contract was up US$1.02 at US$56.15 per barrel.

The February gold contract was up US$28.40 at US$4,360.70 an ounce.

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

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

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