S&P/TSX composite ends lower, U.S. stock markets also down

TORONTO — Canada’s main stock index slid almost 300 points on Friday despite the latest GDP report pointing to a strengthening economy as trade tensions prevail.

“I know that GDP was strong, but I think there are fears on both sides of the border about renewed tariffs or trade tensions, if you will, in terms of what could come next and the tit-for-tat that’s going on,” said Carol Schleif, chief market strategist at BMO Wealth Management.

But Schleif suggested taking late-summer Friday’s market moves with a grain of salt.

“It’s going to be hard to read too much long-term out of what the markets are doing in the

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