TORONTO — Canada’s main stock index was down more than 400 points in late-morning trading, weighed down by losses in the base metals sector, while U.S. stock markets also tumbled lower.
The S&P/TSX composite index was down 466.33 points at 33,801.94.
In New York, the Dow Jones industrial average was down 415.50 points at 49,647.96. The S&P 500 index was down 63.82 points at 7,437.42, while the Nasdaq composite was down 293.46 points at 26,341.76.
The Canadian dollar traded for 72.68 cents US compared with 72.86 cents US on Thursday.
The July crude oil contract was up US$3.14 at US$100.06 per barrel.
The June gold contract was down US$124.40 at US$4,560.90 an ounce.
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This report by The Canadian Press was first published May 15, 2026.
