Canada’s main stock index jumped more than 350 points in late-morning trading on Thursday, lifted by gains in the base metal and technology sectors, as major U.S. stock markets also posted broad advances.
The S&P/TSX composite index rose 358.42 points to reach 35,849.69.
In New York, the Dow Jones industrial average gained 278.90 points to close in on 51,740.80. The S&P 500 index added 73.43 points to trade at 7,625.24, while the tech-heavy Nasdaq composite jumped 390.93 points to 26,369.36.
Currency and Commodities Move
The Canadian dollar slipped slightly, trading at 71.50 cents US compared with 71.70 cents US the previous day.
In commodities, the October crude oil contract fell US$1.55 to US$100.88 per barrel. Meanwhile, the December gold contract edged higher, gaining US$10.90 to reach US$4,398.40 an ounce.
Sector Strength Drives Gains
The upward momentum on the Toronto exchange was attributed largely to strength in base metal and technology shares, which helped push the composite index solidly higher during the morning session. The rally mirrored gains south of the border, where all three major U.S. indexes advanced alongside the TSX.
The figures were reported as part of a daily markets snapshot compiled by The Canadian Press, first published Sept. 17, 2026.
This article is for informational purposes only and does not constitute financial, investment, or legal advice. Consult a licensed financial advisor before making investment decisions.
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