A broad-based rally helped Canada’s main stock index close higher along with New York markets as U.S. President Donald Trump agreed to hold off on raising tariffs on Chinese goods.
The S&P/TSX composite index closed up 44.02 points at 16,057.03.
In New York, the Dow Jones industrial average closed up 60.14 points at 26,091.95. The S&P 500 index ended up 3.44 points at 2,796.11, while the Nasdaq composite was up 26.92 points at 7,554.46.
The Canadian dollar averaged US75.91¢, unchanged from Friday.
The April crude contract closed down US$1.78 at US$55.48 per barrel and the April natural gas contract closed up eight cents at US$2.82 per mmBTU.
The April gold contract ended down US$3.30 at US$1,329.50 an ounce and the March copper contract was down 0.01 of a cent at US$2.95 a pound.