News that construction spending in the United States rose 0.3 per cent in March sent investors into a buying frenzy during Monday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange surged 3.93%, while the TSX Gold Index added 4.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 1.68% with the advancers beating out the decliners by a 528 to 362 margin on good volumes of 210 million shares traded.

The selling pressure intensified during early Thursday trading on the Canadian markets but some late day buying pushed the big board into the black, while the junior board remained mired in the red.