13:50:24 EDT Fri 10 Jul 2026
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Globe says TSX adds 264 points despite Trump's war

2026-07-10 09:08 ET - In the News

The Globe and Mail reports in its Friday edition that stocks rose and oil prices eased Thursday, as financial markets calmed in the wait to see what will come next after U.S. President Donald Trump raised doubts about the temporary truce in the war with Iran. The unbylined item says the S&P 500 climbed 0.8 per cent and more than recovered its loss from the day before, even though the United States launched new air strikes against Iran, which responded by targeting U.S. allies in the Middle East. The Dow added 139 points, the Nasdaq composite rallied 1.3 per cent, while the S&P/TSX Composite Index added 264.65 to close at 35,200.45. Stocks in the materials sector, which were among the biggest decliners Wednesday, collectively rose a robust 3.2 per cent. In the oil market, prices gave back much of their jumps from the day before. The price for a barrel of global Brent crude fell 2.2 per cent to $76.30 (U.S.). All told, the S&P 500 rose 60.93 points to 7,543.64. The Dow climbed 139.02 to 52,487.41, and Nasdaq rose 336.24 to 26,206.89. Stocks broadly got some help from falling yields in the bond market. MDA Space shares fell 8.5 per cent as the company increased an equity raise to finance an acquisition.

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