TORONTO – Canada’s main stock index was down more than 150 points in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets also fell.

The S&P/TSX composite index was down 156.77 points at 31,226.01.

In New York, the Dow Jones industrial average was down 240.31 points at 47,476.11. The S&P 500 index was down 25.01 points at 6,824.08, while the Nasdaq composite was down 111.14 points at 23,254.55.

The Canadian dollar traded for 71.55 cents US compared with 71.54 cents US on Friday.

The January crude oil contract was up 81 cents US at US$59.36 per barrel.

The February gold contract was up US$15.00 at US$4,269.90 an ounce.

This report by The Canadian Press was first published Dec. 1, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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