Surging metals prices, easing Treasury bond yields, and a sharp intraday recovery in growth stocks helped Canadian equities start the new week on a bullish note as investors looked past recent macroeconomic uncertainties and repositioned ahead of key economic data releases later this week. The S&P/TSX Composite Index climbed by 211 points, or 0.7%, to close at a new all-time high of 29,972.
Even as sharp intraday declines in crude oil prices led to weakness in energy stocks, solid gains in nearly all other key market sectors, including healthcare, technology, and mining, powered the TSX rally to just shy of the 30,000 mark.
Top TSX Composite movers and active stocks
Curaleaf Holdings, First Quantum Minerals, Seabridge Gold, and Hudbay Minerals were the top-performing TSX stocks for the day, with each jumping by at least 7.3%.
Shares of Shopify (TSX:SHOP) were also among the top gainers on the Toronto Stock Exchange as they climbed…
