TORONTO – Canada’s main stock index rose over 400 points, while U.S. markets continued to reached new highs amid hopes that the U.S. and Iran are moving closer to an initial agreement to end their war.
The S&P/TSX composite index was up 414.91 points at 33,981.82.
In New York, the Dow Jones industrial average was up 612.34 points at 49,910.59. The S&P 500 index was up 105.90 points at 7,365.12, while the Nasdaq composite was up 512.82 points at 25,838.94.
The Canadian dollar traded for 73.39 cents US compared with 73.44 cents US on Tuesday.
The June crude oil contract was down US$7.19 at US$95.08 per barrel.
The June gold contract was up US$125.80 at US$4,694.30 an ounce.
This report by The Canadian Press was first published May 6, 2026.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
