05-12-2016 23:12 via news.yahoo.com

TSX gains amid U.S. optimism, led by resource shares

By Fergal Smith TORONTO (Reuters) - Canada's benchmark stock index rose on Monday as recent strength in commodity prices supported the energy and materials groups, while a fresh record high for the Dow Jones industrials boosted investor confidence. Wall Street has rallied since the U.S. election as investors bet that President-elect Donald Trump will deliver significant economic stimulus and cuts in corporate taxes and regulations. U.S. optimism "is carrying over into our market," said Brian Pow
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