Toronto Stocks Advance as Markets Clear U.S. Midterm Uncertainty -- Market Talk

1119 ET - Toronto listed stocks are higher, rebounding alongside U.S. and European markets, after U.S. midterm elections showed the Democratic Party securing majorities in both the U.S. House of Representatives and the Senate. Canada's S&P/TSX Composite Index is up 1.3% to 35985.74 and the blue-chip S&P/TSX 60 rises 1.3% to 2141.83. Gains are led by interest-rate sensitive sectors such as financials and telecoms, as well as gains in the mining sector, these offset sharper declines in both Canadian tech and energy. The broader market rebound follows a flattish early week performance, as investors moved past weeks of political uncertainty surrounding the congressional races. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

November 04, 2026 11:19 ET (16:19 GMT)