Financial sector boosts S&P/TSX composite as lower oil price weighs on energy stocks

The Toronto Stock Exchange Broadcast Centre is pictured in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

TORONTO — Strength in the financial sector helped Canada’s main stock index move higher in late-morning trading despite losses in the energy sector as the price of oil fell.

The S&P/TSX composite index was up 29.28 points at 35,304.92.

• Real-time TSX market updates here

In New York, the Dow Jones industrial average was up 372.20 points at 52,043.23. The S&P 500 index was down 17.14 points at 7,537.15, while the Nasdaq composite was down 109.63 points at 26,574.31.

The Canadian dollar traded for 71.49 cents US compared with 71.52 cents US on Monday.

The August crude oil contract was down US$3.10 at US$76.34 per barrel.

The August gold contract was down US$8.00 at US$4,343.60 an ounce.

This report by The Canadian Press was first published June 16, 2026.