S&P/TSX composite down as price of oil falls, U.S. stock markets also lower

The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO — Canada’s main stock index was down more than 200 points as the price of oil fell below US$90 per barrel.

The S&P/TSX composite index was down 205.95 points at 34,272.79.

The move came as the July crude oil contract was down US$3.80 at US$87.50 per barrel.

In New York, the Dow Jones industrial average was down 224.75 points at 50,561.26. The S&P 500 index was down 65.04 points at 7,340.69, while the Nasdaq composite was down 399.67 points at 25,529.99.

The Canadian dollar traded for 71.69 cents US compared with 71.70 cents US on Monday.

The August gold contract was down US$45.40 at US$4,318.00 an ounce.

This report by The Canadian Press was first published June 9, 2026.