The Globe and Mail reports in its Tuesday edition that the S&P/TSX Composite Index, S&P 500 and Nasdaq closed higher on Monday, recovering some losses as investors anticipated quarterly earnings from AI leader Nvidia and, domestically, Canadian inflation data for October. A Reuters dispatch to The Globe says that commodity sectors propelled the gains in Toronto. Gold prices rose sharply, to $2,608.57 per ounce, as investors looked for a safe haven after the Russia-Ukraine war escalated. The stalled U.S. dollar, which has been rising for the past few weeks, added to the bullion demand. Brent crude prices rose 3.15 per cent to $73.28 (U.S.) per barrel. Canada will release consumer-price data on Tuesday and the numbers could help determine the size of the expected rate cut by the Bank of Canada next month. Money markets are pricing in about a 70-per-cent chance it will be a 25-basis-point cut, with bets of a larger cut fading over the past week. Nvidia reports third-quarter earnings on Wednesday when investors will assess demand for chips and the sustainability of the artificial-intelligence euphoria that drove much of the market's rally this year. The Dow fell 55.39 points, while Nasdaq added 111.69 points.