---
title: "Miners Rocket, TSX Charges Out of the Blocks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293487519.md"
description: "Canada's TSX surged over 310 points, driven by rising commodity prices that boosted miners and energy stocks. While the S&P 500 remained flat, the Dow Jones rose significantly. Key corporate earnings included gains for AT&T and declines for GE Vernova. Market attention also focused on U.S.-Iran tensions, new tariffs, and upcoming reports from major tech firms like Tesla and Alphabet."
datetime: "2026-07-22T14:25:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293487519.md)
  - [en](https://longbridge.com/en/news/293487519.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293487519.md)
generator: "portal-rs"
---

# Miners Rocket, TSX Charges Out of the Blocks

Canada's main stock index opened higher on Wednesday, as higher commodity prices lifted miners and energy stocks, while investors assessed developments in the U.S.-Iran conflict and new U.S. tariffs on Canadian imports.

The TSX popped 310.5 points to begin Wednesday at 35,679.58

The Canadian dollar regained 0.08 cents to 70.97 cents U.S. 

ON BAYSTREET 

The TSX Venture Exchange grabbed 13.08 points, or 1.5%, to 886.15. 

All but one of the 12 TSX subgroups were higher, as gold spiked 3.8%, materials soared 3.1%, and energy improved 1.7%. 

Only information technology sagged, 1.1%, while health-care ailed 0.1%. 

ON WALLSTREET 

The S&P 500 was relatively unchanged on Wednesday, pressured by a rise in oil prices, as investors looked ahead to another busy day of corporate earnings.

The Dow Jones Industrials rumbled higher 233.89 points to 52,458.53.

The much broader index eked higher 0.78 points to 7,509.98.

The NASDAQ Composite dropped 89.78 points to 25,747.43. 

Earnings take center stage again on Wednesday, with reports due from ServiceNow, International Business Machines, Tesla, Texas Instruments and Alphabet. 

AT&T shares also saw gains, rising 4% following the telecommunications company’s better-than-expected earnings for the second quarter. 

Conversely, shares of GE Vernova dropped 6% after the company’s second-quarter earnings missed expectations.

Investors will be watching closely for updates on AI spending, cloud demand, corporate technology budgets and the outlook for the second half of the year.

Prices for the 10-year Treasury backpedaled, raising yields to 4.65% from Tuesday’s 4.63%. Treasury prices and yields move in opposite directions. 

Oil prices gained $2.54 to $86.88 U.S. a barrel. 

Gold prices zoomed $84.30 to $4,160.70 U.S. an ounce.

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## Related News & Research

- [GE Vernova's Backlog Is Bigger Than Some Countries' GDP. Here's What's Actually Inside the $176 Billion.](https://longbridge.com/en/news/296688830.md)
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- [Google Lost About $186 Billion After 4 of Its Top AI Researchers Left, but Sundar Pichai Says Google Will Be ‘A Founding Investor’ Anyway](https://longbridge.com/en/news/296636401.md)
- [Wealthfront Advisers LLC Sells 202,762 Shares of AT&T Inc. $T](https://longbridge.com/en/news/296697637.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**