By Gavin Adamson

Markets recovered some ground after Friday’s sell-off, with select cyclicals and tech stocks stealing the show.

The TSE added 157.84 to close at 9,314.54, with only the gold and forestry sub-sectors holding the index back. Oil and gas continued to look upward on speculation that producers won’t be able to keep up with demand.

Utilities were led higher by BCE, and Nortel pushed the industrials up again. Research in Motion, the pager maker, added C$14.55 to $168.50 on heavy volume.

TD Bank added 85¢ to $35.35, and the Royal Bank inched up by 10¢ to $58.50.

CDNX continued to surge ahead, adding 46.66 to 3,359.60. DataWave added 60% to $1.36, and Nexttrip.com bumped up 21% to $1.19.

The Dow gained 94.63 to 10,519. Retail, pharmaceuticals and utilities were big gainers.

Nasdaq was split between the sinking computer hardware and Internet companies, and the rising networking and semi-conductor stocks. In the end the latter won out, and Nasdaq put on 23.12 to 4,418.57.

Marketwatchers in the U.S. are looking forward to a speech by Fed chairman Alan Greenspan. on Thursday. They’ll be watching for hints about more interest rate movement.