TSX Rises on Eased Tensions and Lower Oil Prices
Canada's main stock index, the S&P/TSX composite, rose to 35,568.14 after gaining 199.04 points in a positive close. The Canadian dollar also traded at a lower value, falling to 70.85 cents US compared to Friday's rate of 70.96 cents.
The oil market saw a decline in prices as the September crude oil contract fell by $6.70 per barrel to $82.61. In contrast, gold prices rose with the August contract increasing by $6.20 to $4,077 an ounce.
U.S. markets were mixed, with the Dow Jones industrial average rising 262.83 points to 52,210.08 but the Nasdaq composite falling 43.74 points to 24,932.08.