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Markets mixed after volatile trading day amid ongoing U.S. tariffs concerns

TORONTO — North American stock markets muddled to a mixed close Monday as the effects of U.S. President Donald Trump's latest tariff announcement continued to reverberate. The S&P/TSX composite index was down 334.01 points at 22,859.46.
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Electronic displays shows financial information on the floor at the New York Stock Exchange in New York, Monday, April 7, 2025. (AP Photo/Seth Wenig)

TORONTO — North American stock markets muddled to a mixed close Monday as the effects of U.S. President Donald Trump's latest tariff announcement continued to reverberate.

The S&P/TSX composite index was down 334.01 points at 22,859.46.

In New York, the Dow Jones industrial average was down 349.26 points at 37,965.60. The S&P 500 index was down 11.83 points at 5,062.25, while the Nasdaq composite was up 15.48 points at 15,603.26.

The Canadian dollar traded for 70.29 cents US compared with 70.34 cents US on Friday.

The May crude oil contract was down US$1.29 at US$60.70 per barrel. The May natural gas contract was down 18 cents US at US$3.66 per mmBTU.

The June gold contract was down US$61.80 at US$2,973.60 an ounce and the May copper contract was down 21 cents US at US$4.19 a pound.

This report by The Canadian Press was first published April 7, 2025.

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

The Canadian Press