The Globe and Mail reports in its Friday edition that Canada's main stock index rose to another record high Thursday, with energy and metal mining shares notching gains even as Wall Street ended lower. A Reuters dispatch to The Globe says the S&P/TSX Composite Index ended up 205.25 points at 33,594.98, eclipsing Wednesday's record closing high. Since the start of 2026, the index has added 5.9 per cent. The Toronto market's energy group rose 2.2 per cent as the oil price settled 1.9 per cent higher at $66.43 (U.S.) a barrel. Traders worried about escalating tensions between the United States and Iran, which have stepped up military activity in the Middle East. The materials group, which includes metal mining shares, added 1.3 per cent as the price of gold moved higher, with shares of Torex Gold up 10.5 per cent. Wall Street, meanwhile, saw losses in private equity companies and weakness in Walmart and Apple. Earnings-driven gains in industrials limited losses. Private equity companies slid after Blue Owl Capital's decision to sell $1.4-billion (U.S.) in assets and freeze redemptions at one of its funds to manage debt and return capital. U.S. interest-rate trades suggest a 50-per-cent likelihood of a rate cut in June.
© 2026 Canjex Publishing Ltd. All rights reserved.