Today: 19 May 2026
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TSX:LB.TO 22 February 2026

TSX Week Ahead: Toronto Stock Exchange record close faces bank earnings rush and Canada GDP test

TSX Week Ahead: Toronto Stock Exchange record close faces bank earnings rush and Canada GDP test

The S&P/TSX Composite closed at a record 33,817.51 on Friday, up 0.7% after a U.S. Supreme Court ruling against Trump’s tariffs boosted financials and miners. Canadian bank earnings begin Tuesday, with key GDP and current account data due later in the week. The Canadian dollar slipped 0.5% to 1.3687 per U.S. dollar. U.S. tariff policy and oil prices remain key market drivers.

Stock Market Today

  • Cerebras Surges 8% Following IPO and S&P Fast-Track Index Inclusion
    May 19, 2026, 1:42 PM EDT. Cerebras (CBRS) shares surged 8% after its initial public offering (IPO) as the S&P Dow Jones Indices confirmed the company qualifies for its 'Fast Track' program. This program accelerates the inclusion of newly public companies into S&P stock indices, which can boost demand for the shares from index-tracking funds. Cerebras' fast track eligibility positions it for quicker visibility and potential liquidity in the market. Investors are watching closely as this development could influence the stock's near-term performance.

Latest articles

Celestica Drops in Toronto as AI Hardware Trade Struggles

Celestica Drops in Toronto as AI Hardware Trade Struggles

19 May 2026
Celestica’s Toronto-listed shares fell about 5% Tuesday as the TSX reopened after Victoria Day, mirroring a 4.4% drop in its U.S.-listed shares Monday. The stock has retreated despite Celestica raising its 2026 revenue and profit outlook last month. Shares traded near $340.54 in New York early Tuesday afternoon. Other contract manufacturers, including Jabil and Flex, also declined.
CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

19 May 2026
CMB.TECH shares rose 12.15% to 14.58 euros in Brussels after first-quarter profit jumped to $368.8 million from $40.4 million a year earlier. The company plans a $0.64-a-share distribution, pending approvals. CEO Alexander Saverys cautioned that tanker rates could fluctuate if the Strait of Hormuz reopens.
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