Canada’s main stock index advanced on Monday, supported by higher commodity prices, while investors await inflation data from Canada and the United States for more clues on the timing of interest rate cuts. Due Tuesday, Canadian producer prices data for the month of April will be released along with Q1 GDP figures, scheduled for Friday.
U.S. markets were closed for Memorial Day.
| TSX | 22,373.38 | +52.51 |  |
| TSXV | 606.41 | -1.54 |  |
| CSE | 179.52 | -2.19 | |
| DJIA | 39,069.59 | 0.00 |  |
| NASDAQ | 16,920.79 | 0.00 | |
| S&P 500 | 5,299.64 | 0.00 | |
The Canadian dollar traded for 73.34 cents U.S. compared with 72.80 cents U.S. on Friday.
U.S. crude futures traded $0.83 higher at $78.55 a barrel, and the Brent contract added $0.98 to $83.10 a barrel.
The price of gold was up US$14.38 to US$2,351.66.
In world markets, the Nikkei was up 253.91 points to 38,900.02, the Hang Seng was up 218.41 points to 18,827.35, the FTSE remained at 8,317.59, and the DAX was up 81.34 points to 18,774.71.
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(Top photo: File)
