TORONTO — Strength in the energy sector helped Canada’s main stock index climb higher in late-morning trading as U.S. and Israeli attacks on Iran raised worries about crude oil supplies and pushed prices higher.

The April crude oil contract was up US$3.87 at US$70.89 per barrel.

The S&P/TSX composite index was up 80.84 points at 34,420.83.

In New York, the Dow Jones industrial average was down 137.76 points at 48,840.16. The S&P 500 index was down 16.76 points at 6,862.12, while the Nasdaq composite was down 19.95 points at 22,648.26.

The Canadian dollar traded for 72.95 cents US compared with 73.30 cents US on Friday.

The April gold contract was up US$48.80 at US$5,296.70 an ounce.

This report by The Canadian Press was first published March 2, 2026.

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

The Canadian Press