S&P/TSX composite down more than 350 points, U.S. stock markets also fall
Canada's key stock index, the S&P/TSX composite, dropped more than 350 points during late-morning trading on August 31, 2026. The decline was primarily driven by losses in the industrial, technology, and base metal sectors. U.S. stock markets also experienced a decline. The Dow Jones industrial average fell by 347.87 points, the S&P 500 index dropped by 34.23 points, and the Nasdaq composite declined by 89.63 points.
The Canadian dollar strengthened to 72.11 cents US, up from 72.00 cents US on Friday. Crude oil prices rose to $85.16 per barrel, while the price of gold fell to $4,484.60 per ounce.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
