Canada’s main stock index rose to new highs Monday, helped by gains in the basic materials sector, while U.S. markets also finished higher as investors assessed the impact of the U.S. raid on Venezuela.
The move for the Toronto market came despite losses in the energy sector after the U.S. military captured Venezuelan President Nicolás Maduro on the weekend and President Donald Trump floated a plan for U.S. oil companies to help rebuild Venezuela’s oil industry.
