Canadian stock indices rallied on Monday to bring the TSX to a higher close after a few lacklustre performances. The energy sector led the push, followed by strong support from the financial and utilities markets, while tech closed lower. Traders await fresh inflation data from both sides of the border coming this week.
U.S. markets were split, but the Dow Jones climbed higher as Wall Street enters the last week of June and the first half of 2024 near record highs.
| TSX | 21,848.85 | +293.73 |  |
| TSXV | 563.81 | -6.90 |  |
| CSE | 173.94 | +5.11 | |
| DJIA | 39,411.21 | +260.88 | |
| NASDAQ | 17,496.82 | -192.54 | |
| S&P 500 | 5,447.87 | -16.75 | |
The Canadian dollar traded for 73.23 cents U.S. compared with 73.01 cents U.S. on Friday.
U.S. crude futures traded $0.95 higher at $81.68 a barrel, and the Brent contract rose $0.81 to $86.05 a barrel.
The price of gold was up US$13.69 to US$2,333.01.
In world markets, the Nikkei was up 208.18 points to 38,804.65, the Hang Seng was down 0.81 point to 18,027.71, the FTSE was up 43.83 points to 8,281.55 and the DAX was up 162.06 points to 18,325.58.
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: AI-generated stock image.)