S&P/TSX composite up more than 450 points, U.S. stock markets also higher

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TORONTO - Canada's main stock index was up more than 450 points in late-morning trading as strength in the financial and technology stocks helped power the rally, while U.S. stock markets also marched higher.

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TORONTO – Canada’s main stock index was up more than 450 points in late-morning trading as strength in the financial and technology stocks helped power the rally, while U.S. stock markets also marched higher.

The S&P/TSX composite index was up 456.55 points at 36,548.16.

In New York, the Dow Jones industrial average was up 624.99 points at 53,686.94. The S&P 500 index was up 74.15 points at 7,740.75, while the Nasdaq composite was up 330.99 points at 26,548.82.

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

The Canadian dollar traded for 72.53 cents US compared with 72.13 cents US on Wednesday.

The October crude oil contract was up US$1.36 at US$92.37 per barrel.

The December gold contract was up US$130.00 at US$4,544.60 an ounce.

This report by The Canadian Press was first published Sept. 3, 2026.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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