S&P/TSX composite down as price of oil falls

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TORONTO — Canada’s main stock index was down nearly 150 points in late-morning trading as the price oil fell after the United States and Iran signed an agreement to end their war and reopen the Strait of Hormuz to oil tanker traffic.

The S&P/TSX composite index was down 149.94 points at 34,975.17.

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In New York, the Dow Jones industrial average was up 202.09 points at 51,694.64. The S&P 500 index was up 68.97 points at 7,489.07, while the Nasdaq composite was up 326.18 points at 26,347.84.

The Canadian dollar traded for 70.75 cents US compared with 71.26 cents US on Wednesday.

The August crude oil contract was down US$2.79 at US$73.22 per barrel.

The August gold contract was down US$109.90 at US$4,271.50 an ounce.

This report by The Canadian Press was first published June 18, 2026.

With files from The Associated Press