The Globe and Mail reports in its Tuesday edition that North American markets reversed a steep sell-off to close higher on Monday, experiencing a final-hour rebound after U.S. President Donald Trump suggested that the U.S.-Israeli war on Iran could be close to ending. A Reuters dispatch to The Globe says all three U.S. indexes staged a late comeback after Mr. Trump said the war's time frame was "very far" ahead of estimates. Early in the session, oil prices spiked owing to constricted supply arising from shipping disruptions as the war on Iran entered its 10th day. Ballooning energy prices could metastasize into a broader inflation spike just as many U.S. consumers are struggling with affordability. Canada's main stock index also recouped its earlier sharp declines on Monday, led by gains for technology shares. The S&P/TSX composite ended up 105.6 points at 33,189.32. The technology sector gained 2.4 per cent, with shares of electronic equipment firm Celestica adding 7.1 per cent. The materials group, which includes metal mining shares, was up 0.7 per cent as copper prices climbed, while energy ended 0.4 per cent higher. Some experts say investors are looking for any opportunity to jump back into the equity markets.