S&P/TSX composite falls more than 350 points, U.S. markets mixed

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TORONTO - Canada's main stock index fell more than 350 points, weighed down by losses in the basic materials sector, while U.S. markets were mixed. 

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TORONTO – Canada’s main stock index fell more than 350 points, weighed down by losses in the basic materials sector, while U.S. markets were mixed. 

The S&P/TSX composite index was down 351.54 points at 35,973.45. 

In New York, the Dow Jones industrial average was up 11.89 points at 52,867.98. The S&P 500 index was down 93.74 points at 7,663.43, while the Nasdaq composite was down 694.00 points at 26,008.86.

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 71.32 cents US compared with 71.14 cents US on Wednesday.  

The December crude oil contract was up US$2.32 at US$99.47 per barrel.    

The December gold contract was down US$89.60 at US$4,060.40 an ounce.   

This report by The Canadian Press was first published Oct. 22, 2026.

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

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