Canada’s main stock index fell sharply in late-morning trading on Friday, weighed down by broad-based losses across the Toronto market, as U.S. stock markets also retreated.
The S&P/TSX composite index was down 196.42 points at 35,677.84. The decline mirrored weakness south of the border, where the Dow Jones industrial average dropped 207.16 points to 51,570.88. The S&P 500 index slipped 8.79 points to 7,628.97, while the Nasdaq composite eased 11.95 points to 26,406.35.
Loonie and Commodities Also Slip
The Canadian dollar weakened slightly against its U.S. counterpart, trading at 71.38 cents US compared with 71.49 cents US the previous day.
Commodity markets showed similar softness. The November crude oil contract fell 30 cents US to US$96.93 per barrel, while the December gold contract dropped US$10.10 to US$4,389.60 an ounce.
Broad-Based Declines Across Sectors
The pullback on the Toronto exchange was described as broad-based, affecting a wide range of sectors rather than being concentrated in any single industry. The report, compiled by The Canadian Press, did not attribute the losses to a specific catalyst, and no analyst commentary was included in the source data.
This report by The Canadian Press was first published Sept. 18, 2026.
This article is for informational purposes only and does not constitute financial, investment, or legal advice. Consult a licensed financial advisor before making investment decisions.
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