North American markets closed sharply higher, with major indexes in both Toronto and New York posting triple-digit gains.
In Toronto, the S&P/TSX composite index soared 163.69 points to close at 14,466.39, easily offsetting a 103-point decline on Friday as the heavily weighted financials, mining and energy sectors all posted strong gains.
In New York, the Dow Jones industrial average shot up 241.79 points to 17,615.17 as the index broke a seven-day losing streak that saw it lose almost 380 points.
The Nasdaq was also solidly ahead, up 58.26 points at 5,101.80, while the S&P 500 advanced 26.61 points to 2,104.18.
On commodity markets, the September crude contract was up $1.09 at US$44.96 a barrel, September natural gas added more than four cents to US$2.84 per thousand cubic feet and the December gold contract rose $10 to US$1,104.10 an ounce.
Meanwhile, the Canadian dollar also strengthened, adding 0.78 of a U.S. cent to 76.92 cents.
This content appears as provided to The Globe by the originating wire service. It has not been edited by Globe staff.