The Toronto Stock Exchange is up moderately this morning, gaining strength from resource and financial stocks.
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The market was helped by the September crude contract, which was up $1.22 at US$43.02 per barrel after OPEC announced it will hold its next meeting in September, two months ahead of schedule.
Higher crude left little impact on the Canadian dollar, which was up 0.01 of a cent to 75.97 cents US.
The S&P/TSX Composite Index jumped 106.85 points, or 0.73 percent, to 14,755.62 on Monday.
The index is in its sixth straight rising session and at its highest point since June 26, 2015.
Seven of the index’s 10 main groups were in positive territory, as it traded at its highest since June 26 past year.
The Dow Jones industrial average retreated 14.48 points to 18,529.05 while the broader S&P 500 composite index dipped 1.45 points to 2,181.42 and the Nasdaq composite lost 11.1 points to 5,210.02.
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The materials group, which includes precious and base metals miners and fertilizer companies, added 0.7 percent, with Goldcorp Inc up 2 percent to C$23.68. It had surged 25 percent on Tuesday after the drug maker unveiled a plan to sell assets to pay down debt.
