Following an absolutely flat close the day before, Canada’s main stock index sunk on Friday in a mostly broad decline as investors avoided major bets in the face of potential new tariffs. The industrials segment led the drop on the TSX, followed by tech shares and utilities was the lone gainer.
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US stocks also tumbled as traders dealt with the fifth weekly decline on Wall Street in the past six weeks.
The Canadian dollar traded for 69.83 cents US compared to 69.90 cents US on Thursday.
US crude futures traded $0.76 lower at US$69.16 a barrel, and the Brent contract lost $0.59 to US$73.44 a barrel.
The price of gold was up US$31.51 to US$ 3,081.80.
In world markets, the Nikkei was down 227.32 points to ¥37,799.97, the Hang Seng was up 95.48 points to HK$23,578.80, the FTSE down 7.27 points to ₤8,658.85, and the DAX was down 217.22 points to €22,461.52.
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(Top image generated with AI.)