The Globe and Mail reports in its Tuesday edition that U.S. stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest-rate outlook after its policy meeting this week. A Reuters dispatch to The Globe says that the Canadian benchmark S&P/TSX Composite Index closed up 42.38 points at 22,011.62, led primarily by the resource sector. "The overall momentum is still to the upside and it's an important week, with a ton of earnings, the Fed on Wednesday and non-farm payrolls on Friday, and the path of least resistance is higher," said Bill Strazzullo, chief market strategist at Bell Curve Trading in Boston. Traders expect the Fed to keep rates unchanged while striking a hawkish tone as it reveals its latest monetary-policy decision on Wednesday. Money markets are pricing in about 35 basis points (bps) of interest-rate cuts this year, down from about 150 bps seen at the beginning of the year, according to LSEG. Apple gained 2.5 per cent after a report that the iPhone maker had renewed discussions with OpenAI on using the start-up's generative artificial-intelligence technology. Bernstein upgraded Apple to "outperform."