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S&P/TSX Finishes More than 300 Points Higher Amid Broad Rally, U.S. Stocks Mixed

Canadian stocks led by Shopify rose sharply as U.S. markets reached new highs despite delayed jobs data from the ongoing government shutdown.

  • On Friday, Canada's S&P/TSX composite index finished more than 250 points higher in Toronto amid a broad rally, showing resilience despite Washington's standstill.
  • Buoyed by AI-related deals, technology names helped drive momentum as Shopify Inc. led gains, rising about 6 and adding the most points to the index.
  • U.S. benchmarks showed mixed gains, with the Dow Jones Industrial Average adding 180 points while the S&P 500 index rose 0.28%, and the Nasdaq Composite gained 0.25%.
  • The U.S. government shutdown delayed the monthly jobs report usually released the first Friday, while the ADP private-sector survey showed a 32,000-job decline in September.
  • Amid trade talks, analysts say investors are still betting on more gains as Prime Minister Mark Carney prepares to meet U.S. President Donald Trump on Tuesday.
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Lean Left

The main Canadian stock exchange index grew by more than 300 points as a result of a general momentum on Friday, while US stock markets evolved in dispersed order in the absence of employment data due to fiscal paralysis in Washington.

·Montreal, Canada
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  • 67% of the sources lean Left
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St Catharines Standard broke the news in Welland, Canada on Friday, October 3, 2025.
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