S&P/TSX composite index dips while U.S. markets mixed
The S&P/TSX composite index was down 61.75 points at 27,308.21 as energy, telecom and financials trended lower.
In New York, the Dow Jones industrial average was down 105.08 points at 44,356.20. The S&P 500 index was up 15.47 points at 6,378.37, while the Nasdaq composite was up 119.72 points at 21,249.40.
The Canadian dollar traded for 72.24 cents US compared with 72.41 cents US on Wednesday as Statistics Canada data showed the economy shrank in May but growth could hold flat for the quarter overall.
The September crude oil contract was down US$1.18 at US$68.82 per barrel.
The December gold contract was down US$5.30 at US$3,347.50 an ounce.
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The latest local business news and a lookahead to the coming week.
This report by The Canadian Press was first published July 31, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
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Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Boy, those American and European trade negotiators must be dunces. Don't they know that three years ago, then-German Chancellor Olaf Scholz made a special trip to Canada to ask our government to sell tens of billions in LNG to his country? Our economic genius of a prime minister, Justin Trudeau rejected Scholz's request because 'there is no business case' for selling LNG to Europe. 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