Business

S&P/TSX composite down Thursday morning, U.S. stock markets rise

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The Bay Street financial district of Toronto is shown on Sunday Sept. 8, 2024. THE CANADIAN PRESS/Doug Ives

TORONTO — Canada’s main stock index was down in late-morning trading on Thursday, driven by weakness in technology and industrial stocks, while U.S. markets rose.

The S&P/TSX composite index was down 50.95 points at 35,282.83.

In New York, the Dow Jones industrial average was up 126.75 points at 51,720.89. The S&P 500 index was up 63.79 points at 7,379.94, while the Nasdaq composite was up 512.29 points at 24,955.23.

The Canadian dollar traded for 71.34 cents US compared with 71.01 cents US on Wednesday.

The September crude oil contract was down 21 cents US at US$84.24 per barrel.

The December gold contract was up US$45.10 at US$4,142.10 an ounce.

This report by The Canadian Press was first published July 30, 2026.