TORONTO — Canadian and U.S. stock markets rose on Monday despite gains in oil prices and the war in Iran threatening to drag on.
“(Markets) are not as robust as they were last week, but we’re coming off of six or seven weeks of pretty solid, rambunctious gains,” said Carol Schleif, chief market strategist at BMO Private Wealth.
The S&P/TSX composite index was up 61.12 points at 34,138.88.
On Wall Street, the S&P 500 rose 0.2 per cent from its prior all-time high set on Friday. The majority of stocks within the S&P 500 fell, even though the overall index rose.
The Dow Jones industrial average was up 95.31
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