Equities in Canada’s largest centre joined their American brethren in roaring ahead Monday, as tech and real-estate strength overcome losses in energy.
The TSX leaped 202.75 points to conclude Monday at 36,009.40
The Canadian dollar subsided 0.21 cents to 71.25 cents.
Techs led the march northward, with Shopify sprinting $14.04, or 7.8%, to $193.38, while BlackBerry surged 79 cents, or 7.1%, to $11.95.
Among real-estate concerns, Colliers International captured $4.20, while FirstService shares grew $6.98, or 3.8%, to $186.74.
In the consumer discretionary sector, Dollarama leaped $4.52, or 2.6%, to $178.70, while Aritzia advanced $2.53, or 2.1%, to $125.49.
Meanwhile, First Majestic Silver dipped $1.06, or 3.8%, to $27.13, and Equinox ?Gold dropped 40 cents, or 2.3%, to $17.09, tracking lower precious ?metal prices.
Montage Gold dipped $1.40, or 6.6%, to $19.72.
Among energy stocks, Spartan Delta sank 69 cents, or 5.1%, to $12.75, while Parex Resources faltered $1.33, or 4.7%, to $27.03.
In the telecom section, Rogers slid 89 cents, or 1.8%, to $48.28, while Quebecor sank 89 cents, or 1.4%. to $63.55.
Market participants await Bank of Canada Governor Tiff Macklem's ?speech, scheduled later ?in the day, for clues on the central bank's future policy path.
ON BAYSTREET
The TSX Venture Exchange dished off 3.04 points to close at 920.03.
Seven of the 12 subgroups were positive on the day, with information technology ahead 2.9%, while real-estate captured 1.1%, and consumer discretionary gained 0.8%.
The five laggards were weighed most by energy, down 2.7%, telecoms, off 0.9%, and gold, shedding 0.7%.
ON WALLSTREET
U.S. stocks rose on Monday as key technology names advanced and oil prices and Treasury yields slipped, with Wall Street looking to recover from a mostly lower week.
The Dow Jones Industrials leaped 367.62 points to 52,050.26
The S&P 500 Index accumulated 114.3 points, or 1.5%, to 7,764.80.
The NASDAQ Composite surged 599.55 points, or 2.3%, to 27,122.09, for its first record close since June.
The broader market was supported by a rise in artificial intelligence-related stocks. Shares of Intel popped 13%, while Advanced Micro Devices added 9% and hit $1 trillion in market cap. Others such as Qualcomm increased 6%.
However, diplomacy between the U.S. and Iran could still be on the table in the near term, as President Donald Trump told Fox News he would probably be open to meeting with Iranian President Masoud Pezeshkian during this week’s UN General Assembly.
That could heighten the significance of a key summit this week between Trump and Chinese President Xi Jinping, which will cover AI, tariffs and critical minerals, among other economic issues. Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng ahead of the visit.
Prices for the 10-year Treasury bounced, lowering yields to 4.95% from Friday’s 5.01%. Treasury prices and yields move in opposite directions.
Oil prices retreated $4.69 to $95.82 U.S. a barrel.
Gold prices went south $40.80 to $4,384.10 U.S. an ounce.
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