Business · Markets · 2 hrs ago
Canada’s S&P/TSX falls 351 points as U.S. markets diverge
Canada’s main stock index fell on Thursday, as losses in basic materials weighed on the market.
The S&P/TSX composite dropped 351.54 points to 35,973.45.
U.S. markets moved in different directions: the Dow edged up, while the S&P 500 and Nasdaq fell.
The Nasdaq lost 694 points, closing at 26,008.86.
The Canadian dollar rose to 71.32 U.S. cents from 71.14 cents the day before.
Oil rose while gold fell: crude gained US$2.32 a barrel, and gold lost US$89.60 an ounce.
The figures cover trading on Thursday, October 22.
Canada’s S&P/TSX composite index fell 351.54 points to 35,973.45 on Thursday.
Losses in the basic materials sector weighed on the Canadian index.
U.S. markets were mixed, with the Dow up and the S&P 500 and Nasdaq down.
The Canadian dollar traded at 71.32 cents US, compared with 71.14 cents US on Wednesday.
December crude oil rose US$2.32 to US$99.47 a barrel, while December gold fell US$89.60 to US$4,060.40 an ounce.
- Who
- Canada’s S&P/TSX composite index and U.S. stock indexes.
- What
- The S&P/TSX fell 351.54 points, while U.S. markets were mixed.
- When
- Thursday, October 22, 2026.
- Where
- Toronto and New York.
- Why
- Losses in the basic materials sector weighed on the S&P/TSX.
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- S&P/TSX close
- 35,973.45, down 351.54 points
- Dow close
- 52,867.98, up 11.89 points
- S&P 500 close
- 7,663.43, down 93.74 points
- Nasdaq close
- 26,008.86, down 694.00 points
- Canadian dollar
- 71.32 cents US, compared with 71.14 cents US on Wednesday