Canada’s S&P/TSX Composite Index staged a late-day comeback to close 0.6% higher at 34,441 on Monday, defying an early global sell-off. While Middle East warfare initially rattled nerves, the index was lifted by a powerful surge in energy and industrial sectors. Cameco was a standout performer, rocketing 6.5% following a 2.6 billion dollar uranium deal with India signed during Prime Minister Mark Carney’s visit to New Delhi. Energy heavyweights like Suncor and Cenovus gained over 2.5% as crude prices remained elevated despite coming off session highs. Further support came from a late rebound in the financial sector, with RBC and TD Bank erasing early losses to finish in positive territory. Additionally, the manufacturing sector showed resilience as the February PMI hit a 13-month high of 51. Although Shopify and some miners like Barrick Gold ended lower, the TSX benefited from a broader "buy the dip" move that mirrored a dramatic recovery on Wall Street.