In late-morning trading on January 6, 2026, Canada's main stock index experienced positive momentum, bolstered by strong performances in the base metal and energy sectors. The S&P/TSX composite index recorded an increase of 44.39 points, bringing its value to 32,264.34.

Across the border in the United States, major stock indices also posted gains. The Dow Jones Industrial Average climbed by 229.18 points, reaching 49,206.36. Concurrently, the S&P 500 index rose by 17.16 points, standing at 6,919.21, while the Nasdaq composite index saw an uptick of 36.65 points, bringing it to 23,432.47.

The Canadian dollar was trading at 72.51 cents against the US dollar, a slight decrease from 72.63 cents recorded on the previous Monday. This fluctuation in currency value reflects ongoing market dynamics affecting both Canadian and US economies.

In the commodities market, the price of crude oil saw a decline, with the February crude oil contract dropping by 30 cents to settle at US$58.02 per barrel. In contrast, the February gold contract experienced a notable increase, surging by US$33.50 to reach US$4,485.00 an ounce. This contrast in commodity prices signals varying investor sentiments towards different sectors amidst the current economic landscape.

Overall, the stock market trends reflect a positive outlook for both Canadian and American equities, driven primarily by strength in key industries. Investors and market observers continue to monitor these developments closely, as they could impact future trading strategies and economic forecasts.