Canada's main stock index opened higher on Monday, after U.S. President Donald Trump extended the deadline for European Union trade talks, providing brief respite to investor concerns over his erratic trade policies.
The TSX Composite Index sprinted 141.47 points to 26,021.42.
The Canadian dollar gained 0.07 cents to 72.87 cents U.S.
The sweeping tariffs imposed by Trump since April 2 and the subsequent pauses on some of them have generated uncertainty among investors and companies globally.
Global market sentiment had steadied after Washington's fresh deal with the U.K. and a temporary agreement with China, but Trump's latest move was a reminder that the tariff storm isn't over.
Mining giant Barrick dipped six cents to open Monday at $26.12.
Merchandizing concern Canadian Tire recovered Monday from a rough Friday, in which it lost 0.4%, to open the week higher 54 cents at $168.57.
ON BAYSTREET
The TSX Venture Exchange gained 6.99, or 1%, to 693.65 to begin Monday.
All but two of the 12 subgroups started the day higher, led by health-care, up 0.8%, while industrials took on 0.7%, and energy was better by 0.6%.
Oil prices lost 15 cents to $61.38 U.S. a barrel.
Gold prices doffed $28.10 to $3,337.70 U.S. an ounce.
ON WALLSTREET
Indexes in the U.S. are closed Monday for Memorial Day.
Holiday Shutters American Markets
