The Toronto Stock Exchange’s S&P/TSX Composite Index closed down 50.09 points at 20,571.30, but was down more than 700 points earlier in the session.
In New York, the Dow Jones Industrial Average ended the session up 99.13 points to 34,364.50 points. The broader S&P 500 index grabbed 12.19 points to 4,410.13 points, while the NASDAQ Composite Index rose 86.21 points to 13,855.13 points.
In the currency market, the Canadian dollar traded at an average rate of 79.01 cents US, down from 79.71 cents US on Friday.
On the New York Commodities Exchange, crude oil fell US$1.83 to US$83.31 a barrel, and natural gas was up 9.3 cents US to $3.88 US per million BTU.
The price of gold rose US$9.90 to US$1841.70 an ounce, and that of copper slipped 11.2 cents US to US$4.41 a pound.