Tech, basic materials weigh on S&P/TSX composite; U.S. markets up

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TORONTO - Canada's main stock index was down in late-morning trading on Friday, dragged lower by basic materials and technology stocks, while U.S. markets were up.

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TORONTO – Canada’s main stock index was down in late-morning trading on Friday, dragged lower by basic materials and technology stocks, while U.S. markets were up.

The S&P/TSX composite index was down 85.78 points at 35,420.06.

In New York, the Dow Jones industrial average was up 42.34 points at 52,250.40. The S&P 500 index was up 9.79 points at 7,447.42, while the Nasdaq composite was up 107.92 points at 25,230.10.

A person walks past the TMX Market Centre in Toronto, Wednesday, Sept. 11, 2024. THE CANADIAN PRESS/Paige Taylor White
A person walks past the TMX Market Centre in Toronto, Wednesday, Sept. 11, 2024. THE CANADIAN PRESS/Paige Taylor White

The Canadian dollar traded for 71.30 cents US compared with 71.36 cents US on Thursday.

The September crude oil contract was up US$2.26 at US$85.85 per barrel.

The December gold contract was down US$61.60 to US$4,131.80 an ounce.

This report by The Canadian Press was first published July 31, 2026.

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

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