TORONTO — Canada's main stock index soared more than 300 points on Wednesday as investors cheered Shopify's quarterly results, while U.S. markets also rose.
The S&P/TSX composite index was up 350.79 points at 27,920.87.
In New York, the Dow Jones industrial average was up 81.38 points at 44,193.12. The S&P 500 index was up 45.87 at 6,345.06, while the Nasdaq composite was up 252.87 at 21,169.42.
The Canadian dollar traded for 72.75 cents US compared with 72.54 cents US on Tuesday.
The September crude oil contract was down 81 cents US at US$64.35 per barrel.
The December gold contract was down US$1.30 at US$3,433.40 an ounce.
This report by The Canadian Press was first published Aug. 6, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
