After several sessions in the red, Canada’s main stock index bumped up in Monday trading. The TSX’s gains were led by growth among industrial, utilities and financial stocks. A drop among mining shares mitigated some of this success.
Markets on Wall Street also rose as people took stock of the latest developments in the presidential race after U.S. President Joe Biden’s weekend exit from the 2024 election race. The S&P 500 edged higher after the broad market index’s steepest weekly decline since April, as investors shifted from mega-cap technology stocks to smaller companies.
| TSX | 22,872.65 | +182.26 |  |
| TSXV | 582.05 | +1.96 | |
| CSE | 171.27 | +3.85 | |
| DJIA | 40,415.44 | +127.91 | |
| NASDAQ | 18,007.57 | +280.63 | |
| S&P 500 | 5,566.46 | +61.46 | |
The Canadian dollar traded for 72.70 cents U.S. compared with 72.82 cents U.S. on Friday.
U.S. crude futures traded $0.18 lower at $79.95 a barrel, and the Brent contract lost $0.31 to $82.32 a barrel.
The price of gold was down US$11.92 to US$2,399.55.
In world markets, the Nikkei was down 464.79 points to 39,599.00, the Hang Seng was up 218.20 points to 17,635.88, the FTSE was up 43.06 points to 8,198.78, and the DAX was up 235.14 points to 18,407.07.
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(Top image: File)
