Donald Trump, Iran flag and rising stock indices. (Source: Microsoft Copilot. Generated by AI)

The TSX added 1.8 per cent on Monday, thanks to strong showings from mining, technology, health care and industrial stocks, offset by pullbacks in oil and gold, battling back to even money on a year-to-date basis.

US stocks also experienced a sharp upturn, motivated by President Trump’s Truth Social post claiming that the US is halting strikes on Iranian infrastructure, while making progress towards de-escalating its ongoing war alongside Israel with the oil-rich nation.

TSX31,883.81+566.40TSX
TSXV930.31+18.78TSXV
CSE167.45+7.39CSE
DJIA46,208.59+631.12DJIA
NASDAQ21,946.76+299.15NASDAQ
S&P 5006,581+74.52S&P 500

The Canadian dollar traded for US$0.7285, down from US$0.7288 on Friday.

US crude futures traded US$9.35 lower at US$88.88 per barrel, while the Brent contract traded US$0.28 higher to US$100.22 per barrel.

The price of gold was down by US$167.70 to US$4,407.20 per ounce.

In world markets, the Nikkei was down by 1,857.04 points to 51,515.49, the Hang Seng was down by 894.85 points to 24,382.47, the FTSE was down by 24.18 points to 9,894.15, while the DAX was up by 273.67 points to 22,653.86.

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