Downtown office buildings Toronto

Canada’s main stock index climbed to record highs despite declines by the key energy and materials sectors.

The S&P/TSX composite index closed up 58.93 points at 17,293.42 after hitting an all-time high of 17,301.76.

In New York, the Dow Jones industrial average was up 83.28 points at 28,907.05. The S&P 500 index was up 22.78 points at 3,288.13, while the Nasdaq composite was up 95.07 points at 9,273.93.

The Canadian dollar traded for US76.64¢ compared with an average of US76.62¢ on Friday.

The February crude contract was down US96¢ at US$$58.08 per barrel and the February natural gas contract was down US2¢ at US$2.18 per mmBTU.

The February gold contract was down US$9.50 at US$1,550.60 an ounce and the March copper contract was up US4.75¢ at US$2.86 a pound.