Canadian Stocks Rise on Gold and Jobs Data (TSX: ^GSPTSE)

Canadian stocks climbed on February 7, 2026, as the TSX Composite (^GSPTSE) gained 1.8% (1,200.33 to 1,211.69) following strong gold prices and anticipation of better-than-expected jobs data. Gold futures rose to $2,345 per ounce, up 2.4% from $2,290, amid dovish Fed rhetoric and renewed mining sector optimism. The Bank of Canada is scheduled to release its monthly employment report at 15:30 EST, with traders closely watching for clues on policy direction. If the report aligns with expectations of modest gains, the loonie may strengthen, supporting broader Canadian equities.