Was there a pot of gold at the end of the rainbow for the TSX today? Canada’s main stock index climbed on Monday, driven by gains in energy, finance, and mining shares. Investors are now turning their attention to the upcoming US Federal Reserve policy meeting, set against the backdrop of an ongoing trade war. While traders anticipate that the Fed will maintain current interest rates, they are eager to hear policymakers’ comments on the central bank’s policy outlook, especially given concerns that the trade war could hamper economic growth.
Meanwhile, US stocks are showing signs of stability early in the week, with the market’s recent turbulent ride beginning to ease.
| TSX | 24,785.11 | +231.71 |  |
| TSXV | 630.69 | +9.56 | |
| CSE | 124.24 | +0.48 | |
| DJIA | 41,841.63 | +353.44 | |
| NASDAQ | 19,812.24 | +107.60 | |
| S&P 500 | 5,675.12 | +36.18 | |
The Canadian dollar traded for 70.00 cents US compared to 69.55 cents US on Friday.
US crude futures traded $0.35 higher at US$66.54 a barrel, and the Brent contract rose $0.45 to US$71.03 a barrel.
The price of gold was up US$4.68 to US$3,001.59.
In world markets, the Nikkei was up 343.42 points to ¥37,396.52, the Hang Seng was up 185.59 points to HK$24,145.57, the FTSE was up 47.96 points to ₤8,680.29, and the DAX was up 167.75 points to €23,154.57.
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(Top image generated with AI.)
