S&P/TSX composite index down more than 300 points, U.S. markets mixed

Canada's main stock index, the S&P/TSX composite, plunged more than 300 points during late-morning trading on Monday. U.S. markets, however, showed a mixed performance. The index closed at 35,828.94 points, down 347.61 points. The Dow Jones industrial average in New York fell by 56.80 points to 51,945.61. The S&P 500 rose by 44.21 points to 7,703.65, while the Nasdaq composite gained 375.37 points to 26,515.41.

Meanwhile, the Canadian dollar strengthened to 70.93 cents US from 70.65 cents US on Friday. Crude oil prices declined by US$1.33 to US$97.69 per barrel, and gold fell by US$14.20 to US$4,166.90 an ounce. This report by The Canadian Press was published on October 19, 2026.