S&P/TSX composite up more than 100 points, U.S. stock markets also higher

The global economy is at risk of a recession if the war in Iran continues, according to the International Monetary Fund. Business Analyst Kris McCusker looks at the dire prediction and the potential worst case scenario.

By The Canadian Press

Posted April 14, 2026 9:29 am.

TORONTO — Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in the technology sector, while U.S. stock markets also climbed.

The S&P/TSX composite index was up 124.98 points at 34,004.22.

In New York, the Dow Jones industrial average was up 272.01 points at 48,490.26. The S&P 500 index was up 55.77 points at 6,942.01, while the Nasdaq composite was up 292.35 points at 23,476.09.

The Canadian dollar traded for 72.69 cents US compared with 72.40 US cents on Monday.

The May crude oil contract was down US$5.08 at US$94.00 per barrel.

The June gold contract was up US$50.30 at US$4,817.70 an ounce.

This report by The Canadian Press was first published April 14, 2026.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

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