The Globe and Mail reports in its Tuesday edition that Canada's main stock index rose on Monday to a new 20-month high, helped by gains for the technology and utility sectors, as bond yields declined ahead of a U.S. Federal Reserve interest rate decision this week. A Reuters dispatch to The Globe says that U.S. stocks also advanced, with the S&P 500 closing at a fresh record. With the bellwether S&P 500 index up 3.3 per cent so far in the first month of 2024, BlackRock raised its overall U.S. stocks view to "overweight" from "neutral." "This is a truly headline-driven week, with earnings, the Fed, the jobs report and ongoing geopolitical uncertainties," said Ryan Detrick, chief market strategist at Carson Group in Omaha. "So with stocks at all time high, if we see any disappointments that could upset the apple cart and cause some well-deserved volatility." The S&P/TSX Composite Index ended up 74.78 points at 21,200.06, its highest closing level since May, 2022. The technology sector rose 1.5 per cent and utilities were up 0.7 per cent. Energy fell nearly 1 per cent, with the price of oil settling 1.6 per cent lower at $76.78 (U.S.) a barrel as China's ailing property sector sparked demand worries.