TSX records its largest gain in six months as a sliding US dollar boosts mining stocks

The TSX posted its largest advance since August as a falling US dollar boosted mining shares. Investors also monitored rising oil prices and tech gains.

Insights:
Canada CACA's S&P/TSX Composite Index rose 552.34 points, or 1.7 percent, on February 9, 2026, marking its largest one-day gain in approximately six months. This advance, which was the most significant since August, pushed the index back toward its January record closing high. The rally coincided with a 0.8 percent fall in the United States USUS dollar, which followed a report regarding Chinese CNCN regulators.
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada, on January 23, 2019. REUTERS/Chris Helgren/File Photo
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada, on January 23, 2019. REUTERS/Chris Helgren/File Photo
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