Bank stocks help lift S&P/TSX composite, U.S. stock markets mixed
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TORONTO – Better-than-expected results from Canada’s big banks helped propel the country’s main stock index to a more than 300-point gain Thursday, while U.S. markets were mixed.
The S&P/TSX composite index was up 317.03 points at 31,477.57.
In New York, the Dow Jones industrial average was down 31.96 points at 47,850.94. The S&P 500 index rose 7.4 points at 6,857.12, while the Nasdaq composite was up 51.04 points at 23,505.14.
The Canadian dollar closed at 71.67 cents US compared with 71.69 cents US on Wednesday.
The January crude oil contract edged up 72 cents US at US$59.67 per barrel.
The February gold contract was up US$10.50 at US$4,243.00 an ounce.
This report by The Canadian Press was first published Dec. 4, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)