TORONTO _ The Toronto stock market closed higher amid an easing of tensions in the conflict between Ukraine and Russia and reassuring inflation data from China.
The S&P/TSX composite index ran up 65.33 points to 15,261.64. The Canadian dollar was ahead 0.43 of a cent to 91.58 cents US.
U.S. indexes were also positive following reports Friday that Russia called an end to military exercises near Ukraine.
And today, the Ukraine government said that the Red Cross will lead an international humanitarian aid operation into the eastern part of the country with assistance from Russia, the European Union and the United States.
The Dow Jones industrials was well off the highs of the day but still up 16.05 points to 16,569.98, the Nasdaq climbed 30.43 points to 4,401.33 while the S&P 500 index was ahead 5.33 points to 1,936.92.
Meanwhile, China's consumer price index in July stayed at 2.3 per cent, well below the official target for the year of 3.5 per cent. That gives the central bank plenty of room to stimulate the economy.
For news about small stocks that made big moves in Monday’s trading, please read the
Stockhouse Canadian Small and Micro-cap Stock Report