40556994 - close up image of stock market data on a computer monitor.

Canada’s main stock index hit its highest level in four months on a big surge in cannabis stocks.

The S&P/TSX composite index closed up 96.01 points at 15,602.32.

In New York, the Dow Jones industrial average gained 175.48 points at 25,239.37. The S&P 500 index was up 18.34 points at 2,724.87, while the Nasdaq composite was up 83.67 points at 7,347.54.

The Canadian dollar traded at an average of US76.18¢, down from Friday’s average of US76.37¢, which was the highest level since Nov. 7.

The March crude contract was down US70¢ to US$54.56 per barrel and the March natural gas contract was down US7.4¢ at US$2.66 per mmBTU.

The April gold contract was down US$2.80 at US$1,319.30 an ounce and the March copper contract was up US2.15¢ at US$2.79 a pound.