S&P/TSX composite finishes lower to end the year, U.S. markets also slide

A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, Aug. 18, 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO — While Canada’s main stock index finished in the red on the last day of trading for 2025, the S&P/TSX Composite index recorded new highs this year, gaining almost 30 per cent and easily outstripping its U.S. counterpart.

The S&P/TSX composite index was down 153.50 points at 31,712.76.

• Real-time TSX market updates here

In New York, the Dow Jones industrial average was down 303.77 points at 48,063.29. The S&P 500 index was down 50.74 points at 6,845.50, while the Nasdaq composite was down 177.09 points at 23,241.99.

The Canadian dollar traded for 72.96 cents US compared with 73.03 cents US on Tuesday.

• S&P 500 market updates here

The February crude oil contract was down 52 cents US at US$57.42 per barrel.

The February gold contract was down US$45.20 at US$4,341.10 an ounce.

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This report by The Canadian Press was first published Dec. 31, 2025.