S&P/TSX composite finishes lower Friday, U.S. markets hit new highs

Toronto Stock Exchange (June 15, 2025)

TORONTO — Canada’s main stock index finished lower Friday after U.S. President Donald Trump said he is “terminating” trade discussions with Canada, while U.S. markets hit new highs.

The S&P/TSX composite index was down 59.63 points at 26,692.32.

• Real-time TSX market updates here

In New York, the Dow Jones industrial average was up 432.43 points at 43,819.27. The S&P 500 index was up 32.05 points at 6,173.07, while the Nasdaq composite was up 105.54 points at 20,273.46.

The Canadian dollar traded for 73.12 cents US compared with 73.31 cents US on Thursday.

The August crude oil contract was up 28 cents US at US$65.52 per barrel.

The August gold contract was down US$60.40 at US$3,287.60 an ounce.

This report by The Canadian Press was first published June 27, 2025.