The Canadian Dollar shed further weight against the US Dollar on Monday.

Policy remains the unseen hand steadying the throttle. The Fed’s first rate cut since December lit the lantern for risk assets, signaling two more likely before year-end.

S&P 500 advanced by 29.39 points (0.44%) to 6,693.75.

The Dow, S&P 500, and Nasdaq all notched their third-straight record closes to kick off the week, with the blue-chip index paring a triple-digit loss at the open.

Gold and silver markets surged over the last few days, with gold climbing near record highs near $3,750 per ounce and silver touching $44 in Monday morning trading.