Financials drive S&P/TSX composite higher, U.S. stock markets also rise

The TMX Market Centre is shown in Toronto, Wednesday, Sept. 11, 2024. THE CANADIAN PRESS/Paige Taylor White

TORONTO — Strength in the financials sector helped Canada’s main stock index finish higher on Wednesday, while U.S. stock markets also rose. 

The S&P/TSX composite index was up 93.12 points at 28,433.00.   

• Real-time TSX market updates here

In New York, the Dow Jones industrial average was up 147.16 points at 45,565.23. The S&P 500 index was up 15.46 points at 6,481.40, while the Nasdaq composite was up 45.87 points at 21,590.14.

The Canadian dollar traded for 72.35 cents US compared with 72.27 cents US on Tuesday.

• S&P 500 market updates here

The October crude oil contract was up 90 cents US at US$64.15 per barrel.

The December gold contract was up US$15.60 at US$3,448.60 an ounce.

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This report by The Canadian Press was first published Aug. 27, 2025.