US EditionS&P/TSX composite closes up along with U.S. markets
- On May 7, 2025, Toronto’s S&P/TSX composite index rose by 186.46 points, ending the day at 25,161.18, following similar increases in U.S. stock markets.
- The Federal Reserve maintained its benchmark interest rate, and the announcement of upcoming high-level U.S.-China discussions in Switzerland helped alleviate concerns about trade tensions.
- The Dow Jones rose 284.97 points to 41,113.97, the S&P 500 gained 24.37 points to 5,631.28, and the Nasdaq advanced 48.50 points to 17,738.16 amid a choppy trading day.
- Michael Greenberg noted a shift in the Fed's tone with increased uncertainty and said Powell's stagflation warning could reduce the Fed's reaction to economic downturns.
- Mixed energy sector results and falling crude prices suggest ongoing volatility, while the index gains and talk of easing trade tensions imply cautious optimism for economic growth.
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Sask Today+9 Reposted by 9 other sources
S&P/TSX composite closes up along with U.S. markets
TORONTO — Canada's main stock index closed up along with U.S. markets on a choppy day that showed hints of cooling trade tensions while the head of the U.S. Federal Reserve warned of rising risks. The S&P/TSX composite index closed up 186.
The Hamilton Spectator+2 Reposted by 2 other sources
S&P/TSX composite up more than 100 points, U.S. stock markets mixed
TORONTO - Canada's main stock index was up more than 100 points in late-morning trading, helped by strength in the utility sector, while U.S. stock markets were mixed.
·Hamilton, Canada
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thealbertan.com+3 Reposted by 3 other sources
S&P/TSX composite up nearly 100 points, with energy leading the way
TORONTO — Canada's main stock index closed up nearly 100 points, with energy leading the way. The S&P/TSX composite index was up 92.88 points at 25,254.06. In New York, the Dow Jones industrial average was up 254.48 points at 41,368.45.
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