S&P/TSX composite up more than 200 points, U.S. stock markets also higher

A man walks past a building in Toronto that used to house the Toronto Stock Exchange on August 18 2011.THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO — Strength in the technology, telecommunication and financial sectors helped Canada’s main stock index gain more than 200 points in late-morning trading, while U.S. markets also pushed higher.

The S&P/TSX composite index was up 204.86 points at 34,246.29.

In New York, the Dow Jones industrial average was up 383.16 points at 50,076.36. The S&P 500 index was up 62.97 points at 7,507.22, while the Nasdaq composite was up 267.55 points at 26,669.89.

The Canadian dollar traded for 72.82 cents US compared with 72.98 cents US on Wednesday.

The June crude oil contract was down 17 cents US at US$100.85 per barrel.

The June gold contract was down US$17.50 at US$4,689.20 an ounce.

This report by The Canadian Press was first published May 14, 2026.