Consumer cyclicals help drive S&P/TSX composite higher, U.S. markets also gain

A man watches the financial numbers on the digital ticker tape at the TMX Group in Toronto, Ont.'s financial district on Friday, May 9, 2014. (Darren Calabrese / THE CANADIAN PRESS)

TORONTO — Canada’s main stock index finished higher on Wednesday, helped by strength in consumer cyclicals, while U.S. stock markets also rose.

The S&P/TSX composite index was up 72.17 points at 27,993.43.

• Real-time TSX market updates here

In New York, the Dow Jones industrial average was up 463.66 points at 44,922.27. The S&P 500 index was up 20.82 points at 6,466.58, while the Nasdaq composite was up 31.24 points at 21,713.14.

The Canadian dollar traded for 72.64 cents US compared with 72.60 cents US on Tuesday.

• S&P 500 market updates here

The September crude oil contract was down 52 cents US at US$62.65 per barrel.

The December gold contract was up US$9.30 at US$3,408.30 an ounce.

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This report by The Canadian Press was first published Aug. 13, 2025.