StocksMedium•4 November 2026•
1 min read
Canada's S&P/TSX Jumps 500 Points Following US Midterm Election Results
Key Facts
1Canada's S&P/TSX composite index rose by 480.11 points to reach 36,012.39.
2The jump followed US midterm elections where Democrats took control of both houses of Congress.
Canada's S&P/TSX composite index rose by 480.11 points to reach a level of 36,012.39. Yahoo! Finance Canada reported that the jump followed US midterm elections where Democrats took control of both houses of Congress.
Investors reacted to the political shift in the United States as the Democratic Party secured control of the House and the Senate, influencing North American market sentiment. This price action on November 4, 2026, coincided with US economic data showing private nonfarm payrolls added 86,000 jobs according to the ADP report released the same day.