Basic materials stocks weigh on S&P/TSX composite, U.S. markets also negative



TORONTO — Canada’s main stock index lost ground on Thursday, while U.S. markets were also negative.
The S&P/TSX composite index was down 76.05 points at 35,340.15.
In New York, the Dow Jones industrial average was down 105.

TORONTO — Canada’s main stock index lost ground on Thursday, while U.S. markets were also negative.

The S&P/TSX composite index was down 76.05 points at 35,340.15.

In New York, the Dow Jones industrial average was down 105.67 points at 52,552.97. The S&P 500 index was down 38.63 points at 7,533.77, while the Nasdaq composite was down 387.28 points at 25,881.95.

The Canadian dollar traded for 71.24 cents US compared with 71.18 cents US on Wednesday.

The September crude oil contract was down 84 cents US at US$78.28 per barrel.

The August gold contract was down US$59.70 at US$3,992.10 an ounce.

This report by The Canadian Press was first published July 16, 2026.

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

The Canadian Press





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