TORONTO – Canada’s main stock index lost more than 300 points on Monday amid inflation data, while U.S. markets were also negative.
The S&P/TSX composite index was down 303.53 points at 34,960.32.
On Monday, Statistics Canada said inflation slowed to 2.8 per cent in June.
In New York, the Dow Jones industrial average was down 307.16 points at 51,839.26. The S&P 500 index was down 14.41 points at 7,443.28, while the Nasdaq composite was down 12.17 points at 25,508.07.
The Canadian dollar traded for 71.15 cents US compared with 71.36 cents US on Friday.
The September crude oil contract was up 70 cents US at US$82.48 per barrel, the August gold contract was down US$2.90 at US$4,015.90 an ounce.
This report by The Canadian Press was first published July 20, 2026.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
