TORONTO – Canada’s main stock index lost ground on Friday along with global markets, as U.S. President Donald Trump imposed new tariffs on numerous countries and U.S. job numbers showed signs of weakness.
The S&P/TSX composite index was down 239.35 points at 27,020.43.
In New York, the Dow Jones industrial average was down 542.40 points at 43,588.58. The S&P 500 index was down 101.38 points at 6,238.01, while the Nasdaq composite was down 472.32 points at 20,650.13.
The Canadian dollar traded for 72.48 cents US compared with 72.23 cents US on Thursday.
The September crude oil contract was down US$1.93 at US$67.33 per barrel.
The December gold contract was up US$51.20 at US$3,399.80 an ounce.
This report by The Canadian Press was first published Aug.1, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)