US EditionS&P/TSX Composite Finishes over 100 Points Lower, U.S. Markets Mixed
TORONTO, ONTARIO, JUL 8 – Technology sector losses drove the S&P/TSX composite index down 129.73 points, with U.S. markets also declining, including the S&P 500 and Dow Jones, on July 8, 2025.
- On Tuesday, July 8, 2025, Canada’s S&P/TSX composite index declined by 116.71 points to close at 26,903.57, largely impacted by a downturn in the basic resources sector.
- The decline came after President Trump announced plans to impose a 50% tariff on copper imports amid ongoing uncertainty in trade discussions with Canada.
- Theresa Shutt, Harbourfront Wealth's chief investment officer, noted that while the market displayed cautious optimism, tariffs are expected to dampen demand and squeeze profit margins.
- Canada's copper exports totaled $9.3 billion in 2023, with the United States accounting for 52 per cent of that value, highlighting the tariff's potential impact.
- The tariff announcement coincided with mixed U.S. market results and increased volatility, suggesting continued uncertainty in global trade relations.
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Barrie Today
Elora Fergus TodayS&P/TSX composite finishes more than 100 points lower, U.S. markets mixed
TORONTO — Canada's main stock index fell more than 100 points to cap off Tuesday's trading session, weighed down by losses in the basic materials sector, while U.S. stock markets were mixed. The S&P/TSX composite index was down 116.
S&P/TSX composite finishes over 100 points lower, U.S. markets mixed
TORONTO — Canada’s main stock index fell more than 100 points to cap off Tuesday’s trading session, weighed down by losses in the basic materials sector, while U.S. stock markets were mixed. The S&P/TSX composite index was down 116.71 points at 26,903.57. In New York, the Dow Jones industrial average was down 165.60 points at […]
NiagaraFallsReview.ca
S&P/TSX composite down more than 100 points, U.S. stock markets also head lower
TORONTO - Canada's main stock index fell more than 100 points, weighed down by losses in the technology sector, while U.S. stock markets also fell.
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