TORONTO – Canada’s main stock index was up more than 350 points in late-morning trading, helped by strength in the technology, financial and industrial sectors, while U.S. stock markets also surged higher.
The S&P/TSX composite index was up 354.71 points at 31,604.73.
In New York, the Dow Jones industrial average was up 428.15 points at 48,314.12. The S&P 500 index was up 88.23 points at 6,809.66, while the Nasdaq composite was up 421.37 points at 23,114.69.
The Canadian dollar traded for 72.69 cents US compared with 72.56 cents US on Wednesday.
The February crude oil contract was up 48 cents US at US$56.29 per barrel.
The February gold contract was up US$18.90 at US$4,392.80 an ounce.
This report by The Canadian Press was first published Dec. 18, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)