The Globe and Mail reports in its Tuesday edition that Canada's main stock index rose on Monday as financials and consumer-related stocks moved higher, with the market recouping some of the previous session's steep losses. A Reuters dispatch to The Globe says the S&P 500 also closed higher, lifted by gains in chipmakers and other companies related to artificial intelligence. The S&P/TSX composite ended up 260.36 points at 32,183.88. On Friday, the index posted its biggest decline since April as precious metal prices tumbled. The Toronto Stock Exchange notched its ninth-straight monthly gain in January despite Friday's setback. Shares of apparel retailer Aritzia jumped 6.5 per cent. Energy was a drag, falling 1 per cent as the price of oil settled 4.7 per cent lower on signs of de-escalating tensions between the United States and OPEC member Iran. The TSX materials group, mainly miners, rose about half a percentage point. Gold briefly dropped below $4,500 an ounce in the overnight hours, down more than $1,000 from its high point last week. It then climbed back above $4,800 before settling at $4,652.60. Silver's price has been on an even wilder ride recently, mostly recovering from a 9-per-cent loss overnight.