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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

As of November 5, 2026, Democrats won control of both the House and the Senate in the U.S. midterm elections, marking a significant shift from the Republican majority previously holding power. The outcome is seen as a rejection of President Donald Trump's policies, including his war with Iran which contributed to rising gas prices and inflation. In Texas, Senator Ted Cruz called the results a “Watergate-level repudiation” of the GOP and warned that Democrats could push radical agendas harmful to states like Texas if not resisted strongly. The election results have also led to celebrations among American expatriates in London, with many viewing it as a sigh of relief for potential policy reversals on issues such as tariffs affecting countries like the UK.

Written for “US Midterm Election Results” on 2026-11-05, grounded in this article and the 608 other(s) covering the same event.
Why this leaning score
This article does not take a side on a contested political question, so it has no leaning score. That is an answer rather than a gap: a match report or a rescue can be warmly or critically written without being left or right, and scoring it anyway is how approval of a subject gets recorded as a political position.
No political leaning scored for article 129420 · logged 2026-11-05

Story

📰 US Midterm Election Results
Politics · 609 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 65/100
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
609
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 · 11658 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
529 article(s) here · 0 carrying a prediction
🔮 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.
🔮 A statement published on the team’s website around the same time announced King was leaving his job. “The Okotoks Oilers would like to thank Tyler King for his tireless efforts during his three seasons in our organization as Assistant GM, Business Operations,” said the June 2024 statement.
🔮 Chief Fady Dagher will hold a news conference at 4 p.m. to address what the force is calling administrative dismissals.
🔮 The designation means the project would be subject to a fast-tracked, streamlined regulatory process conducted by the federal major projects office, a move Tsartlip First Nation spokesman Adam Olsen calls “reckless.”
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 529 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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