The Globe and Mail reports in its Tuesday edition that U.S. and Canadian stock indexes ended higher on Monday, as investors appeared hopeful that a resolution to the Middle East war could be found despite failed weekend talks between the United States and Iran. A Reuters dispatch to The Globe says investors also monitored the start of the earnings reporting season. Stocks picked up steam on Monday afternoon after President Donald Trump said that Iran wants to make a deal but that he will not come to any agreement that allows Tehran to have a nuclear weapon. This was after Mr. Trump announced that the U.S. military began a blockade of ships leaving Iran's ports. The Dow rose 301.68 points to 48,218.25, the S&P 500 gained 69.35 points to 6,886.24 and Nasdaq gained 280.84 points to 23,183.74. However, volume was light over all. The S&P/TSX Composite Index ended up 183.48 points at 33,879.24. The Toronto Stock Exchange's technology sector jumped 4.5 per cent. Energy rose 0.8 per cent as the price of U.S. oil closed higher at $99.08 (U.S.) a barrel. Shares of GFL Environmental tumbled 10 per cent after announcing it would buy peer Secure Waste Infrastructure in a deal worth $6.4-billion, including debt.
© 2026 Canjex Publishing Ltd. All rights reserved.