Bank stocks help lift S&P/TSX composite, U.S. stock markets mixed

Advertisement

Advertise with us

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.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

Monthly Digital Subscription

$0 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.

Monthly Digital Subscription

$4.75/week*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $19 plus GST every four weeks. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.

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 Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

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)

Report Error Submit a Tip

Business

LOAD MORE