S&P/TSX composite down, U.S. stocks also lower in late-morning trading

Ed Curran works on the floor at the New York Stock Exchange in New York, Wednesday, July 16, 2025. (AP Photo/Seth Wenig)

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TORONTO - Canada's main stock index was down more than 50 points in late-morning trading as stocks in the energy, base metal and industrial sectors sagged, while U.S. markets also retreated.

The S&P/TSX composite index was down 53.95 points at 27,000.19.

In New York, the Dow Jones industrial average was down 144.68 points at 43,878.61. The S&P 500 index was down 19.56 points at 6,224.20, while the Nasdaq composite was down 63.15 points at 20,614.65.

The ´ºÉ«Ö±²¥ dollar traded for 72.86 cents US compared with 72.94 cents US on Tuesday. 

The August crude oil contract was down 88 cents US at US$65.64 per barrel. 

The August gold contract was up US$19.40 at US$3,356.10 an ounce.

This report by ´ºÉ«Ö±²¥was first published July 16, 2025.

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

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