The Globe and Mail reports in its Tuesday edition that Canada's main stock index edged lower on Monday as technology and financial shares lost ground, but the move was restrained as investors weighed prospects of Canada reaching a trade deal with the United States. A Reuters dispatch to The Globe says the S&P/TSX Composite Index ended down 53.33 points at 26,375.80 after posting on Friday a record closing high. U.S. President Donald Trump said that he was getting good reports as U.S. officials hold trade talks with China in London. "As much as Trump seems to be having positive talks with China, there's some optimism that he's getting close to doing a deal with Canada as well and I think that's been a lot of the reason why the Canadian dollar is doing better and also why the TSX is back to an all-time high," said Greg Taylor, chief investment officer at PenderFund Capital Management. Canada has been under pressure from the U.S. and other NATO allies for years to increase military funding. Shares of jet maker Bombardier and aviation simulation company CAE gained 5.4 per cent and 2.3 per cent, respectively. Amazon and Alphabet each gained more than 1 per cent and helped keep the S&P 500 in positive territory.