S&P/TSX continues rally, up more than 80 points while U.S. markets also hit new highs

A trader looks at financial information on his computer on the floor at the New York Stock Exchange in New York, Wednesday, Oct. 1, 2025. (AP Photo/Seth Wenig)

Canada’s main stock index continued to reach new highs as it rose more than 80 points, helped by the basic materials sector, while U.S. markets also pushed further into record territory. 

The S&P/TSX composite index was up 84.86 points at 30,107.67. 

• S&P 500 market updates here

In New York, the Dow Jones industrial average was 43.21 points at 46,441.10. The S&P 500 index was up 22.74 points at 6,711.20, while the Nasdaq composite was up 95.15 points at 22,755.16.

The Canadian dollar traded for 71.74 cents US compared with 71.83 cents US on Tuesday. 

The November crude oil contract was down 59 cents US at US$61.78 per barrel.

• Real-time TSX market updates here

The December gold contract was up US$24.30 at US$3,897.50 an ounce.

This report by The Canadian Press was first published Oct. 1, 2025.