Canada’s main stock index slid lower on Thursday during turbulent trading, as investors stayed cautious due to the escalating trade conflict with the United States. Mining shares were the only gainers on the TSX while tech led the decliners.
Wall Street stocks also fell as traders absorbed the latest tariff threats from President Donald Trump and examined new US inflation data.
The Canadian dollar traded for 69.33 cents US compared to 69.56 cents US on Wednesday.
US crude futures traded US$1.07 lower at US$66.61 a barrel, and the Brent contract lost US$1.08 to US$69.87 a barrel.
The price of gold was up US$43.78 to US$2,983.02.
In world markets, the Nikkei was down 29.06 points to ¥36,790.03, the Hang Seng was down 137.66 points to HK$23,462.65, the FTSE was down 2.58 points to ₤8,538.39, and the DAX was down 109.27 points to €22,109.27.
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(Top image generated with AI.)