US EditionS&P/TSX Composite Finishes Higher, U.S. Stocks Also Rise
ONTARIO, CANADA, JUL 9 – The S&P/TSX composite index rose 68.75 points led by gains in financials and base metals amid easing U.S. trade tensions and anticipation of earnings season.
- On July 9, 2025, in Toronto the S&P/TSX composite index rose 68.75 points to 26,972.32, while the S&P 500 index gained 13.89 points to 6,239.41.
- This advance followed strength in the base metals sector and the start of corporate earnings season gave Wall Street a breather.
- The August gold contract rose US$4.10 to US$3,321.00 an ounce, and the August crude oil contract gained 15 cents US to US$68.48 per barrel.
- Ian Chong said, `It seems like the tariff risks are currently on hold, given the extension to Aug. 1, so there's some optimism in the market that more trade deals could be announced before then`, while banks and consumer-focused companies led gains in most S&P 500 sectors.
- Ian Chong said, `We've got U.S. banks kicking off the reporting season next week on Tuesday... like large money centres including JPMorgan who's kicking it off on July 15, should be relatively strong`, and the window for trade negotiations has now been extended to Aug. 1.
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S&P/TSX composite up, U.S. stocks also rise in late-morning trading
TORONTO — Strength in the financial sector helped Canada's main stock index climb higher, while U.S. stock markets also rose in late-morning trading. The S&P/TSX composite index was up 44.54 points at 26,948.11.
Most Canadian sectors have finished the month in positive territory. The post Stock Exchange: a relatively positive month in June for Canadian equities appeared first on Les Affaires.
Coverage Details
Total News Sources30
Leaning Left12Leaning Right0Center2Last UpdatedBias Distribution86% Left
Bias Distribution
- 86% of the sources lean Left
86% Left
L 86%
14%
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