Resource, energy and technology shares combined to push the Toronto stock market higher Monday.

The S&P/TSX composite index closed up 141.58 points, or 1.09%, at 13,130.92.

Seven of the 10 main TSX groups gained ground.

The information tech group moved up 2.32%, led by Research in Motion, which added $4.69, or 5.22%, to $94.58.

But shares in Nortel Networks dropped 12¢, or $1.09, closing at $10.92, after a report in the Wall Street Journal said the firm is in talks with Motorola to combine their wireless units.

The resources laden materials group gained 1.84%.

Silver Wheaton was a big mover in this group, rising 34¢, or 2.24%, to end he day at $15.54.

Kinross Gold Corp. gained 74¢, or 3.34%, to close at $22.90.

Gold for April delivery gained US$4.40 to end at US$926.70 an ounce on the New York Mercantile Exchange.

The heavyweight energy group moved up 1.98%.

Oil futures rose for the third day on concerns about potential overseas supply problems. Venezuelan President Hugo Chavez threatened Sunday to cut
off oil sales to the U.S.

Crude-oil futures for March delivery closed up US$1.82, or 2%, at US$93.59 a barrel on the Nymex.

Meanwhile, the financials group fell 0.10%.

CIBC stock fell 68¢, or 1.01%, to close at $66.79. Bank of Montreal shares dropped 55¢, or 0.98%, closing at $55.45.

The junior S&P/TSX Venture composite index ended the session up 14.71 points, or 0.58%, at 2,541.53.

The Canadian dollar closed out at US$99.85, down 0.15 of a cent from Friday’s close.

In New York, U.S. stocks rallied after early losses from news of American International Group Inc.’s potential credit-related trouble. Tech shares were boosted by Yahoo Inc.’s rejection of Microsoft Corp.’s takeover offer.

The Dow Jones industrial average gained 57.88 points, or 0.48%, to end the session at 12,240.01.

The S&P 500 rose 7.84 points, or 0.59%, to 1,339.13.

The tech-heavy Nasdaq jumped 15.21, or 0.66%, to 2,320.06.

Dow Jones & Co. today announced that Bank of America Corp. and Chevron Corp. will replace Altria Group Inc. and Honeywell International Inc. in its benchmark Dow industrials effective February 19.