People sitting at a desk with stock market activity in the background.
(Source: AI generated stock image)

Despite a split among indices, Canada’s main stock index rose on Monday, helped by sharp rise in resources-linked shares. A drop among the financial, industrials, tech and utilities markets offset gains made by the energy and mining sectors on the TSX.

Traders remain cautious as they anticipate a data-heavy week on Wall Street, with upcoming inflation reports being crucial for markets that are still uneasy after recent volatility.

TSX22,398.93+87.63TSX
TSXV540.65+3.06TSXV
CSE158.20+0.05CSE
DJIA39,357.01-140.53DJIA
NASDAQ16,780.61+35.31NASDAQ
S&P 5005,335.81-8.35S&P 500

The Canadian dollar traded for 72.78 cents U.S. compared with 72.81 cents U.S. on Friday.

U.S. crude futures traded $2.94 higher at $79.78 a barrel, and the Brent contract rose $2.40 to $82.06 a barrel.

The price of gold was up US$43.62 to US$2,471.63.

In world markets, the Nikkei remained at 35,025.00, the Hang Seng was up 21.42 points to 17,111.65, the FTSE was up 42.15 points to 8,210.25 , and the DAX was up 3.59 points to 17,726.47.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image generated with AI)


More From The Market Online
AI generated image of investors

How to trade on the stock market: A beginner’s guide

Interactive Brokers Group (NDAQ:IBKR) is an online brokerage with a global reach, serving clients in more than 200 countries and territories.
Foran’s exploration team conducting field-based activities such as structural geology mapping during the 2024 field season in Saskatchewan.

Foran plans to explore depths of Saskatchewan’s mineral potential

Foran Mining Corp. (TSX:FOM) is making the most out of its properties across Saskatchewan, specifically the Tesla Zone discovery.
The Alvalade copper and zinc joint venture in Portugal

Avrupa Minerals stock reaches new high after stellar results

Avrupa Minerals stock (TSXV:AVU) surpasses its yearly high after releasing new results from drilling at its Sesmarias project in Portugal.
healthcare worker holding pink ribbon representing breast cancer awareness

Oncolytics Biotech reports positive results from breast cancer study

Oncolytics Biotech (TSX:ONC) revealed results from its Phase 2 study in patients with advanced or metastatic breast cancer.