The S&P/TSX composite index rose 657.17 points on Monday, with U.S. stock benchmarks also moving higher.
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Canada’s main stock index rose on Monday, gaining 657.17 points to finish the session at 36,446.26, helped by strength in the basic materials sector. The U.S. markets also climbed, with the Dow Jones industrial average up 1,104.02 points to 52,389.75, the S&P 500 up 173.08 points to 7,549.94, and the Nasdaq composite up 673.71 points to 25,253.14.
In currency trading, the Canadian dollar was at 70.81 cents US, compared with 70.86 cents US on Friday. In commodities, the December crude oil contract fell $3.98 to US$86.85 per barrel, while the December gold contract rose US$39.60 to US$4,114.50 an ounce.
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