On Friday, October 9, 2026, Canada’s main stock index posted a significant rebound, gaining more than 500 points. The S&P/TSX composite index closed at 35,664.62, up 519.24 points, capping off a turbulent week for investors. Market participants focused on bond yields and the overall health of the Canadian economy as key factors driving the rally.
In the United States, major indices also saw gains. The Dow Jones industrial average rose 423.31 points to 51,654.95, the S&P 500 index climbed 46.18 points to 7,811.54, and the Nasdaq composite added 172.83 points, closing at 27,366.17.
The Canadian dollar weakened slightly against its U.S. counterpart, trading at 70.07 cents US, down from 70.22 cents US the previous day. Commodities also saw price adjustments, with the November crude oil contract increasing by 36 cents US to $91.85 per barrel, while the December gold contract surged by $59.30 to $4,216.30 an ounce.