S&P/TSX composite up nearly 100 points as oil tops US$100 a barrel

The TMX broadcast centre is shown in Toronto on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

TORONTO — Canada’s main stock index was up nearly 100 points in late-morning trading, helped by strength in the energy sector as the price of oil once again topped US$100 per barrel.

The S&P/TSX composite index was up 95.38 points at 34,257.20.

In New York, the Dow Jones industrial average was down 85.10 points at 49,924.25. The S&P 500 index was down 23.96 points at 7,409.01, while the Nasdaq composite was down 125.50 points at 26,144.86.

The Canadian dollar traded for 72.50 cents US compared with 72.72 cents US on Wednesday.

The July crude oil contract was up US$3.51 at US$101.77 per barrel.

The June gold contract was down US$30.00 at US$4,505.30 an ounce.

This report by The Canadian Press was first published May 21, 2026.