Money

S&P/TSX composite down more than 150 points as oil tops US$100 per barrel

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TORONTO — Canada’s main stock index was down more than 150 points in late-morning trading, despite strength in the energy sector as the price of oil rose to top US$100 per barrel.

The December crude oil contract was up US$2.71 at US$102.18 per barrel.

The S&P/TSX composite index was down 167.55 points at 35,805.90.

In New York, the Dow Jones industrial average was down 477.85 points at 52,390.13. The S&P 500 index was down 15.23 points at 7,648.20, while the Nasdaq composite was up 43.55 points at 26,052.41.

The Canadian dollar traded for 71.51 cents US compared with 71.32 cents US on Thursday.

The December gold contract was down US$50.30 at US$4,010.10 an ounce.

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This report by The Canadian Press was first published Oct. 23, 2026.