TORONTO — Losses in basic materials and consumer cyclicals helped drive Canada’s main stock index to finish lower on Thursday, while U.S. markets were mixed.

The S&P/TSX composite index was down 44.15 points at 27,372.26.

• S&P 500 market updates here

In New York, the Dow Jones industrial average was down 316.38 points at 44,693.91. The S&P 500 index was up 4.44 points at 6,363.35, while the Nasdaq composite was up 37.94 points at 21,057.96.

The Canadian dollar traded for 73.37 cents US compared with 73.48 cents US on Wednesday.

• Real-time TSX market updates here

The September crude oil contract was up 78 cents US at US$66.03 per barrel.

The August gold contract was down US$24.10 at US$3,373.50 an ounce.

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This report by The Canadian Press was first published July 24, 2025.