The Globe and Mail reports in its Tuesday edition that Nasdaq notched a record-high close on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports. A Reuters dispatch to The Globe says it was the Nasdaq's second day of sharp gains after weaker-than-expected jobs data on Friday dampened expectations for an interest-rate hike from the Federal Reserve at its policy meeting this month. The Toronto Stock Exchange ended with very modest gains, with a drop in oil prices limiting the advance. Those prices slipped after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies. The S&P/TSX Composite Index ended up 15.9 points at 35,518.55. The TSX's technology sector advanced 1.4 per cent, with shares of Shopify adding 5.7 per cent. Cenovus said it would buy Athabasca Oil in a $5.7-billion cash-and-stock deal. Cenovus lost 3 per cent, while Athabasca was up 13.5 per cent. Suncor ended 1.2 per cent lower after the company agreed to sell its interests in three offshore oil assets to London-based Ithaca Energy for $1.2-billion in upfront cash. Meanwhile, the heavily weighted financials were down 0.5 per cent.
© 2026 Canjex Publishing Ltd. All rights reserved.