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TORONTO — Markets in Toronto and New York retreated on Friday as rising global oil prices and fears of higher inflation shook the global bond market.
The S&P/TSX composite index was down 434.92 points at 33,833.35.
TORONTO — Markets in Toronto and New York retreated on Friday as rising global oil prices and fears of higher inflation shook the global bond market.
The S&P/TSX composite index was down 434.92 points at 33,833.35.
In New York, the Dow Jones industrial average was down 537.29 points at 49,526.17. The S&P 500 index was down 92.74 points at 7,408.50, while the Nasdaq composite was down 410.08 points at 26,225.14.
The Canadian dollar traded for 72.72 cents US compared with 72.86 cents US on Thursday.
The July crude oil contract was up US$4.10 at US$101.02 per barrel.
The June gold contract was down US$123.40 at US$4,561.90 an ounce.
This report by The Canadian Press was first published May 15, 2026.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
