TORONTO — Canada’s main stock index gained just over 100 points Monday as strength in financial and technology stocks helped outweigh losses in energy, while U.S. markets also moved higher.
This week will give investors plenty to chew on, including earnings from several big tech names, said Mona Heidari, senior financial advisor at BlueShore Financial.
“It will be an interesting week to watch the markets,” she said, especially with the U.S. election around the corner.
With central banks cutting rates and set to continue, investor sentiment has generally been positive recently, she said.
The S&P/TSX composite index closed up 101.99 points at 24,565.66.
In New York, the Dow Jones industrial average was up 273.17 points at 42,387.57. The S&P 500 index was up 15.40 points at 5,823.52, while the Nasdaq composite was up 48.58 points at 18,567.19.
Tech stocks and other sectors helped markets on both sides of the border…
