Equities in Canada’s largest market climbed higher on Monday with the energy sector leading the way. Industrials and tech were the main decliners on the TSX as traders remain cautious ahead of important U.S. inflation data this week. Japanese markets were closed for National Foundation Day and Chinese markets were closed for the Lunar New Year holiday.
U.S. indices were divided after a record-setting week for the S&P 500 that saw the index cross the 5,000-point milestone.
The Canadian dollar traded for 74.33 cents compared to 74.28 cents U.S. on Friday.
U.S. crude futures traded $0.11 higher at $76.95 a barrel, and the Brent contract lost $0.18 to $82.01 a barrel.
The price of gold was down US$5.91 to US$2,019.46.
In world markets, the Nikkei remained at 36,897.42, the Hang Seng remained at 15,746.58, the FTSE was up 1.11 point to 7,573.69, and the DAX was up 110.85 points to 17,037.35.
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