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S&P/TSX composite jumps more than 600 points, U.S. stocks soar after midterms

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Cite

The Canadian Press. (2026, November 4). S&P/TSX composite jumps more than 600 points, U.S. stocks soar after midterms. Toronto Star. https://www.thestar.com/business/s-p-tsx-composite-up-nearly-500-points-after-democrats-take-control-of-congress/article_1c169d82-6010-5254-b5d8-b1fe11909a59.html

Dated from the outlet's own feed. Check the original for its byline.

Toronto Star · collected 2026-11-04 · by The Canadian Press

Quick Summary

Canada’s S&P/TSX composite index rose by more than 600 points to reach 36,134.29 after the U.S. midterm elections resulted in Democrats gaining control of Congress. In New York, major indices also saw significant gains: the Dow Jones industrial average increased by 1,325.76 points to 53,112.48, the S&P 500 rose by 114.23 points to 7,683.15, and the Nasdaq composite climbed by 408.98 points to 25,780.99.
Written by AI on 2026-11-04, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

In the US midterms held on November 3, 2026, Democrats won control of both the House of Representatives and the Senate, marking a significant shift in power from the Republicans. This outcome was seen as a direct consequence of President Donald Trump's unpopularity due to economic issues such as rising prices for gas and utilities following his aggressive foreign policies, including the war against Iran. Key Democratic victories occurred in traditionally Republican strongholds like Texas, South Carolina, and Kansas. Despite early predictions that Democrats might struggle to gain control of Congress, their sweeping wins suggest a voter backlash against Trump's policies. The election results have set the stage for renewed debates within the Democratic Party about its ideological direction leading up to the 2028 presidential primary.

Written for “US Midterm Election Results” on 2026-11-06, grounded in this article and the 778 other(s) covering the same event.

Story

📰 US Midterm Election Results
Politics · 779 article(s) covering the same event. Compare every outlet's account →

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
ABC News (US)
⚖️ Leans left Hedges 0 of 4 claims Outlet record 67/100
CBS News
⚖️ Leans right Hedges 3 of 11 claims Outlet record 69/100
Evening Standard
⚖️ Leans right Hedges 0 of 8 claims Outlet record 64/100
Evening Standard
Hedges 2 of 9 claims Outlet record 64/100
Evening Standard
Hedges 7 of 48 claims Outlet record 64/100
The Sydney Morning Herald
⚖️ Leans left Hedges 12 of 49 claims Outlet record 61/100
“While both articles report market reactions to the U.S. midterm elections, they cover different stock markets and their respective movements.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
6
sentences that state something as happening or true
Uncertain
0%
0 of 6 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
779
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-04 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Toronto Star · 11875 article(s) · 28 correction(s) detected
Running correction rate · 28 correction(s)
2026-10-26
Correction
2026-10-24
Correction
2026-10-07
Correction
2026-09-24
Correction

Who wrote this

The Canadian Press
535 article(s) here · 0 carrying a prediction
🔮 A public relations expert says author and former University of British Columbia professor Steven Galloway could have done more to rehabilitate his reputation after he was accused of rape more than a decade ago.
🔮 U.S. officials say Benitez Alcantara, 49, was arrested on Sunday in Colombia and a request will be made for his extradition.
🔮 Canadian astronaut Joshua Kutryk is set to venture outside the International Space Station today for his second spacewalk in two weeks.
🔮 Quebec Premier Paul St-Pierre Plamondon said last month that his government intends to abolish the twice-annual switch, but hasn’t yet decided whether to keep daylight time or standard time year-round and will consult with experts before making a final decision. British Columbia, Alberta, Manitoba, northwestern Ontario and the Northwest Territories all chose this year to stick with daylight time. Asked whether the rest of Ontario would follow suit, Ford says he’s “easy going.”
🔮 The Conservation Officer Service in British Columbia says more than one grizzly may have been involved in a bear attack that relatives say left a mother and daughter dead in Bella Coola along the province’s central coast.
🔮 The Conservation Officer Service in British Columbia says more than one grizzly may have been involved in a bear attack that relatives say left a mother and daughter dead in Bella Coola along the province’s central coast.
🔮 A University of British Columbia creative writing professor says the woman who accused author Steven Galloway of sexual and physical assault gave a statement to police but retracted it a short time later out of concern they would contact him.
🔮 Insp. Jeff Tyre with the Conservation Officer Service said evidence at the scene where human remains were found suggested a bear may have been involved.
🔮 Hockey Canada says it is still in discussions with the International Ice Hockey Federation on the impact that Russia’s reinstatement to international competition — and the blowback it has caused — could have on the upcoming world junior championship in Alberta.
🔮 But the Canadian defenceman says Russia’s return to international competition might be viewed differently by European players.
Wire or desk byline, not an individual reporter.
Also by The Canadian Press
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 535 articles by The Canadian Press →

Topics

Canada Congress Democrats TORONTO U.S.

Subjects

U.S. GPE · 5× Canada GPE · 2× Congress ORG · 2× Democrats NORP · 2× TORONTO GPE · 2× Abdul El-Sayed PERSON · 1× Democratic NORP · 1× Detroit GPE · 1× Julia Demaree Nikhinson PERSON · 1× Michigan GPE · 1×

Narrative

S&P/TSX composite jumps more than 600 points, U.S. stocks soar after midterms TORONTO - Canada’s main stock index was up more than 600 points, while U.S. markets also posted big gains after the U.S. midterm elections saw Democrats take control of Congress.
framing: assertive · carried by 1 article(s) · first seen 2026-11-04

Claims (6 extracted, 0 hedged)

Michigan Democratic Senate candidate Abdul El-Sayed speaks at an election night event, early Wednesday, Nov. 4, 2026, in Detroit. asserted
Sayed → speak → Detroit
S&P/TSX composite jumps more than 600 points, U.S. stocks soar after midterms TORONTO - Canada’s main stock index was up more than 600 points, while U.S. markets also posted big gains after the U.S. midterm elections saw Democrats take control of Congress. asserted
Democrats → jump → Congress
Canada’s main stock index was up more than 600 points, while U.S. markets also posted big gains after the U.S. midterm elections saw Democrats take control of Congress. asserted
Democrats → post → Congress
The Canadian dollar traded for 71.62 cents US compared with 71.46 cents US on Tuesday. asserted
dollar → trade → Tuesday
ARTICLE CONTINUES BELOW asserted
ARTICLE → continue → ?
This report by The Canadian Press was first published Nov. 4, 2026. asserted
report → publish → Press
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