Canada’s main stock index faced a decline this morning, reflecting broader trends in U.S. markets as oil prices fell.
S&P/TSX Composite Index Declines
The S&P/TSX Composite Index decreased by 154.67 points, reaching a total of 30,122.13. This drop was driven primarily by falling energy stocks.
U.S. Markets Also Experience Downturn
In the United States, major indices also suffered losses. The Dow Jones Industrial Average fell by 171.12 points, settling at 46,187.30. Meanwhile, the S&P 500 Index saw a decline of 38.38 points, marking a total of 6,696.73. The Nasdaq Composite experienced the steepest drop with a loss of 169.91 points, bringing it to 22,855.02.
Commodity Prices Shift
- The November crude oil contract decreased by US$1.14, closing at US$60.37 per barrel.
- The December gold contract, in contrast, rose significantly, gaining US$329.90 to reach US$4,002.50 an ounce.
Currency Update
The Canadian dollar traded at 71.44 cents USD, showing a slight change compared to 71.43 cents USD from the previous day.
This financial overview reflects market trends as of October 10, 2025, with ongoing volatility affecting investors across North America.
