TORONTO – Canada’s main stock index was up more than 300 points in late-morning trading, helped by strength in the base metal and financial sectors, while U.S. stock markets also surged higher.
The gains came as trading in SpaceX stock was set to begin for the first time.
The S&P/TSX composite index was up 374.51 points at 35,045.97.
In New York, the Dow Jones industrial average was up 494.39 points at 51,343.14. The S&P 500 index was up 55.01 points at 7,449.31, while the Nasdaq composite was up 178.20 points at 25,987.86.
The Canadian dollar traded for 71.60 cents US compared with 71.46 cents US on Thursday.
The July crude oil contract was down US$3.15 at US$84.56 per barrel, while the August gold contract was up US$116.70 at US$4,230.70 an ounce.
This report by The Canadian Press was first published June 12, 2026.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
