TSX

S&P/TSX composite up more than 100 points, U.S. stock markets also surge higher

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Specialist John Parisi works at his post on the floor of the New York Stock Exchange, Wednesday, April 22, 2026. (AP Photo/Richard Drew)

TORONTO — Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in the base metals and telecom sectors, while U.S. stock markets also surged higher.

The S&P/TSX composite index was up 121.56 points at 33,929.86.

In New York, the Dow Jones industrial average was up 371.90 points at 49,521.28. The S&P 500 index was up 61.50 points at 7,125.51, while the Nasdaq composite was up 314.34 points at 24,574.30.

The Canadian dollar traded for 73.18 cents US compared with 73.24 cents US on Tuesday.

The June crude oil contract was up US$2.09 at US$91.76 per barrel.

The June gold contract was up US$36.10 at US$4,755.70 an ounce.

This report by The Canadian Press was first published April 22, 2026.