TSX posts gain Monday, U.S. markets also up ahead of earnings, interest rate meeting

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TORONTO — Canada’s main stock index rose Monday as technology stocks helped lead broad-based gains despite weakness in energy, while U.S. markets also rose. Markets picked up steam in the afternoon as Treasury yields fell.

TORONTO — Canada’s main stock index rose Monday as technology stocks helped lead broad-based gains despite weakness in energy, while U.S. markets also rose. 

Markets picked up steam in the afternoon as Treasury yields fell.

The S&P/TSX composite index closed up 74.78 points at 21,200.06.

In New York, the Dow Jones industrial average was up 224.02 points at 38,333.45.The S&P 500 index was up 36.96 points at 4,927.93, while the Nasdaq composite was up 172.68 points at 15,628.04.

Investors were in wait-and-see mode Monday ahead of what promises to be a jam-packed week, said Michael Greenberg, senior vice-president and portfolio manager at Franklin Templeton Investment Solutions.

Several of the biggest…

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