Canada’s main stock index fell hard on Friday, following weak earnings and a deep split among indices. While financials led the gainers, energy led the losers on the TSX. Cautious investors also awaited more details on US tariff plans.
President Trump has directed his economic team to develop plans for reciprocal tariffs on countries taxing US imports, potentially escalating global trade tensions. Instead of immediate tariffs, he has tasked Commerce Secretary nominee Howard Lutnick with studying appropriate levies for each country.
| TSX | 25,483.23 | -215.28 |  |
| TSXV | 640.26 | -7.66 | |
| CSE | 135.04 | -1.02 | |
| DJIA | 44,546.08 | -165.35 | |
| NASDAQ | 22,114.69 | +83.97 |  |
| S&P 500 | 6,114.63 | -0.44 | |
The Canadian dollar traded for 70.59 cents US compared to 70.49 cents US on Thursday.
US crude futures traded $0.56 lower at US$70.73 a barrel, and the Brent contract lost $0.29 to US$74.73 a barrel.
The price of gold was down US$35.91 to US$2,880.73.
In world markets, the Nikkei was down 312.04 points to ¥39,149.43, the Hang Seng was up 805.96 points to HK$22,620.33, the FTSE was down 32.26 points to ₤8,732.46, and the DAX was down 98.60 points to €22,513.42.
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(Top image: File.)
