Tech stocks send S&P/TSX composite lower as U.S. stock markets rise



TORONTO — The Toronto Stock Exchange finished in negative territory as tech companies including Shopify weighed on the index, while U.S. markets moved higher.
The S&P/TSX composite index was down 71.96 points at 33,566.91.

TORONTO — The Toronto Stock Exchange finished in negative territory as tech companies including Shopify weighed on the index, while U.S. markets moved higher.

The S&P/TSX composite index was down 71.96 points at 33,566.91.

In New York, the Dow Jones industrial average was up 356.35 points at 49,298.25. The S&P 500 index was up 58.47 points at 7,259.22, while the Nasdaq composite was up 258.32 points at 25,326.12.

The Canadian dollar traded for 73.44 cents US compared with 73.47 cents US on Monday.

The June crude oil contract was down US$4.15 at US$102.27 per barrel.

The June gold contract was up US$35.20 at US$4,568.50 an ounce.

This report by The Canadian Press was first published May 5, 2026.

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

The Canadian Press





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