Despite a split among indices, Canada’s main stock index rose on Monday, helped by sharp rise in resources-linked shares. A drop among the financial, industrials, tech and utilities markets offset gains made by the energy and mining sectors on the TSX.
Traders remain cautious as they anticipate a data-heavy week on Wall Street, with upcoming inflation reports being crucial for markets that are still uneasy after recent volatility.
The Canadian dollar traded for 72.78 cents U.S. compared with 72.81 cents U.S. on Friday.
U.S. crude futures traded $2.94 higher at $79.78 a barrel, and the Brent contract rose $2.40 to $82.06 a barrel.
The price of gold was up US$43.62 to US$2,471.63.
In world markets, the Nikkei remained at 35,025.00, the Hang Seng was up 21.42 points to 17,111.65, the FTSE was up 42.15 points to 8,210.25 , and the DAX was up 3.59 points to 17,726.47.
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(Top image generated with AI)