Bay Street stocks jumped at open Tuesday amid firm commodities as worries over euro zone debt situation subsided after Greece made progress on its debt bailout program. The S&P/TSX Composite Index surged 159.72 points or 1.37 percent to 11,822.31.
The Diversified Materials Index gained over 2 percent, with First Quantum Minerals (FM.TO), Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) adding around 3 percent each.
In the oil patch, Canadian Natural Resources (CNQ.TO) and Canadian Oil Sands (COS.TO) gathered around 3 percent each.
Meanwhile, international energy company Gran Tierra Energy Inc. (GTE.TO) slipped nearly 1 percent after reporting lower second-quarter net income.
Among gold plays, Allied Nevada Gold (ANV.TO) gained 4 percent. Detour Gold (DGC.TO) and Barrick Gold (ABX.TO) added around 2 percent each.
Aviation-training and simulation products provider CAE, Inc. (CAE.TO) edged up 0.70 percent after announcing that it bagged C$42 million contract.
Telecommunications company Telus Corp. (T.TO) moved up 1 percent after reporting a marginal rise in its second quarter net income.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.