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TSX ends up 0.1% at 24,974.72

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Materials group rises 3.2% as gold jumps

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Energy adds 1.1%; oil settles 3.4% higher

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Carney says no tariff decisions made in Trump meeting

(Updates to market close)

By Sanchayaita Roy and Fergal Smith

May 6 (Reuters) - Canada's commodity-linked main stock

index rose on Tuesday as oil and gold prices climbed, but the

move was limited after the meeting between Canadian Prime

Minister Mark Carney and U.S. President Donald Trump yielded no

concrete trade policy shifts.

Toronto Stock Exchange's S&P/TSX composite index

ended up 21.2 points, or 0.1%, at 24,974.72 but stopping short

of the one-month high closing level it posted on Friday.

U.S. stocks retreated as comments from Trump and Treasury

Secretary Scott Bessent provided little clarity as to whether

any trade deals were on the horizon.

Carney said no decisions were made on tariffs during his

meeting with Trump.

"A lot of the ebbs and flows in the market these days is

still dependent on the tariff rhetoric but at some point over

the next few months, we're going to see how much damage has

actually been caused by tariffs or the uncertainty around it,"

said Josh Sheluk, portfolio manager at Verecan Capital

Management.

Canada's trade deficit narrowed to C$506 million ($366.34

million) in March, beating expectations as imports fell at a

faster rate than the drop in exports.

The price of oil, one of Canada's major exports, recouped

some recent declines on signs of higher demand in Europe and

China.

U.S. crude oil futures settled 3.4% higher at $59.09

a barrel, which gave the TSX's energy sector a boost.

It rose 1.1% and the materials group, which includes metal

miners, was up 3.2% as the price of gold climbed above

$3,400 per ounce.

Industrials and heavily weighted financials both ended 0.4%

lower and technology lost 1.3%. It was weighed by a 4.9% decline

in the shares of e-commerce company Shopify Inc. ( SHOP )