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S&P/TSX composite closes up Tuesday, U.S. stock markets down

TORONTO — Canada's main stock index made gains Tuesday to close at another record high, while U.S. markets ended down. The S&P/TSX composite index ended up 83.70 at 26,055.
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Trader Edward McCarthy works on the floor of the New York Stock Exchange, Tuesday, May 20, 2025. (AP Photo/Richard Drew)

TORONTO — Canada's main stock index made gains Tuesday to close at another record high, while U.S. markets ended down.

The S&P/TSX composite index ended up 83.70 at 26,055.63 points on the day, after the market was closed for Victoria Day on Monday.

In New York, the Dow Jones industrial average was down 114.83 points at 42,677.24. The S&P 500 index was down 23.14 points at 5,940.46, while the Nasdaq composite was down 72.75 points at 19,142.71.

The Canadian dollar traded for 71.76 cents US compared with 71.54 cents US on Friday.

The July crude oil contract was down 11 cents US from Monday at US$62.03 per barrel and the June natural gas contract was up 32 cents US at US$3.43 per mmBTU.

The June gold contract was up US$51.10 at US$3,284.60 an ounce and the July copper contract was down two cents US at US$4.65 a pound.

This report by The Canadian Press was first published May 20, 2025.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press