S&P/TSX Composite Index Rises As Shares in Base Metals Sector Rally

10:42 AM EDT, 09/17/2026 (MT Newswires) -- The S&P/TSX Composite Index climbed 1% mid-morning Thursday, buoyed by rising shares in the base metals sector. Base metals jumped 3.6%, as copper futures prices rallied. The prices of gold and other precious metals also climbed after the US Federal Reserve raised interest rates on Wednesday, marking the first hike since 2023. The information technology sector rose 1.2%, while energy dipped 0.25%, tracking lower crude oil prices. In stocks Osisko Metals (OM.TO) climbed 3.7% to CA$1.69 after it announced plans to create a new critical minerals company, Osisko Critical Minerals. In other news Canadian Prime Minister Mark Carney addressed the European Parliament Thursday, confirming that Canada was ready to enter a stronger relationship with the European Union and stating that a "Canada-EU alliance would create a beacon for other democracies."