Canadian equities moved higher on Monday as declining oil prices reduced pressure on inflation expectations. Investors were also positioning themselves ahead of closely watched US inflation reports due later this week.
Brent crude fell after US President Donald Trump downplayed the chances of further strikes on Iran. However, supply concerns persisted as attacks on commercial vessels near the Strait of Hormuz continued.
| TSX | 36,446.26 | +657.17 |  |
| TSXV | 836.03 | +14.00 | |
| CSE | 132.91 | +2.53 | |
| DJIA | 52,389.75 | +1,104.02 | |
| NASDAQ | 25,253.14 | +673.71 | |
| S&P 500 | 7,549.94 | +173.08 | |
The Canadian dollar traded for 70.82 cents US compared to 70.78 cents US on Friday.
US crude futures traded US$3.65 lower at US$87.11 a barrel, and the Brent contract lost US$5.34 to US$92.98 a barrel.
The price of gold was up US$75.03 to US$4,141.76.
In world markets, the Nikkei was up 1,340.73 points to ¥58,775.50, the Hang Seng was down 32.91 points to HK$24,448.95, the FTSE was up 106.25 points to ₤10,780.19, and the DAX was up 445.20 points to €26,265.56.
