Canadian Business News
Markets · Economy · Finance · Real Estate
Market Watch
 

TSX Climbs Over 150 Points as Tech, Base Metals Lead Gains

Canada’s main stock index rose more than 150 points in late-morning trading on Wednesday, buoyed by strength in the technology and base metal sectors, even as U.S. markets showed a mixed performance.

The S&P/TSX composite index gained 157.23 points to reach 35,739.30. In New York, the Dow Jones industrial average slipped 27.92 points to 52,065.19, while the S&P 500 index advanced 30.25 points to 7,615.98. The Nasdaq composite posted a larger gain, rising 214.81 points to 26,196.38.

Currency and Commodities Move

The Canadian dollar edged lower, trading at 71.75 cents US, down from 71.85 cents US the previous day.

In commodities, the October crude oil contract dropped US$4.33 to settle at US$101.50 per barrel. Gold moved in the opposite direction, with the December contract climbing US$63.70 to US$4,396.50 an ounce.

Photo by Rômulo Queiroz on Pexels

Sector Performance in Focus

The gains on the TSX were concentrated in technology and base metal shares, which helped push the broader index higher despite the divergent moves seen on Wall Street. The contrast between a slightly lower Dow and gains in the S&P 500 and Nasdaq pointed to uneven performance across sectors in the U.S. market during the same session.

This report, compiled by The Canadian Press, reflects trading activity as of late-morning on Sept. 16, 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.


This article references reporting from:

Avatar photo
Terence Miller studied finance and economics, and spent a lot of that time more interested in why markets behave the way they do than in memorizing formulas for exams. He's drawn to stories about smaller companies and the decisions behind them: why a founder pivoted, why a deal fell apart, why a "sure thing" wasn't. He's still figuring out his voice as a writer, which he thinks is a more honest thing to admit than pretending otherwise. When he's not writing, he's probably reading earnings calls for fun, which he recognizes is a strange hobby to have.