Bank stocks help lift S&P/TSX composite higher, U.S. stock markets edge lower
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TORONTO – Canada’s main stock index was up nearly 300 points in late-morning trading, helped by strength in the financial sector after better-than-expected results from the country’s big banks and gains in technology stocks.
The S&P/TSX composite index was up 286.53 points at 31,447.07.
In New York, the Dow Jones industrial average was down 34.53 points at 47,848.37. The S&P 500 index was down 3.71 points at 6,846.01, while the Nasdaq composite was down 1.74 points at 23,452.35.
The Canadian dollar traded for 71.72 cents US compared with 71.69 cents US on Wednesday.
The January crude oil contract was up 56 cents US at US$59.51 per barrel.
The February gold contract was up US$11.90 at US$4,244.40 an ounce.
This report by The Canadian Press was first published Dec. 4, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)