TORONTO - Canada's main stock index was down more than 500 points in late-morning trading, while U.S. stocks also continued to post big losses after U.S. President Donald Trump's tariff announcement last week.
The S&P/TSX composite index was down 550.75 points at 22,642.72.
In New York, the Dow Jones industrial average was down 885.99 points at 37,428.87. The S&P 500 index was down 88.55 points at 4,985.53, while the Nasdaq composite was down 302.85 points at 15,284.94.
The ºÃÉ«tv dollar traded for 70.21 cents US compared with 70.34 cents US on Friday.Â
The May crude oil contract was down US$1.62 at US$60.37 per barrel and the May natural gas contract was down six cents US at US$3.78 per mmBTU.
The June gold contract was down US$34.50 at US$3,000.90 an ounce and the May copper contract was down 17 cents US at US$4.23 a pound.
This report by ºÃÉ«tvwas first published April 7, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
