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



TORONTO — Canada’s main stock index finished lower, weighed down by losses in the basic materials sector, while U.S. stock markets also lost ground.
The S&P/TSX composite index was down 233.85 points at 33,584.34.

TORONTO — Canada’s main stock index finished lower, weighed down by losses in the basic materials sector, while U.S. stock markets also lost ground.

The S&P/TSX composite index was down 233.85 points at 33,584.34.

In New York, the Dow Jones industrial average was down 25.86 points at 49,141.93. The S&P 500 index was down 35.11 points at 7,138.80, while the Nasdaq composite was down 223.30 points at 24,663.80.

The Canadian dollar traded for 73.07 cents US, according to XE.com, compared with 73.45 cents US on Monday.

The June crude oil contract was up US$3.56 at US$99.93 per barrel.

The June gold contract was down US$85.30 at US$4,608.40 an ounce.

This report by The Canadian Press was first published April 28, 2026.

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

The Canadian Press





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