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TSX ends up 0.8% at 26,073.13

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Eclipses last Tuesday's record high

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All 10 major sectors rise

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ATS Corp ( ATS ) jumps 20.3% after revenue beat

(Updates at market close)

By Fergal Smith

May 26 (Reuters) - Canada's main stock index rose on

Monday to a record high, with the technology sector leading

broad-based gains as investors cheered a cooling in global trade

tensions.

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

ended up 193.18 points, or 0.8%, at 26,073.13,

eclipsing the record closing high it posted last Tuesday.

Volumes were lower than usual as U.S. markets were closed

for a public holiday.

U.S. President Donald Trump backed down from threatened 50%

duties on European Union shipments starting June 1, giving

global markets a lift.

The TSX has shaken off the tariff-related concerns that held

it back on Friday, said Brandon Michael, senior investment

analyst at ABC Funds.

"This is exactly the kind of market breadth needed to

support a sustainable and meaningful move higher."

All 10 major sectors on the TSX ended higher, led by

technology, which advanced 1.8%.

The industrials sector rose 1%. It was helped by a gain of

20.3% for the shares of ATS Corp ( ATS ) after the automation

solutions company reported better-than-expected quarterly

revenue.

Consumer discretionary was up 1.3%, while real estate added

1.1% as bond yields eased. The Canadian 10-year yield

dipped 3.2 basis points to 3.319%.

Shares of Ivanhoe Mines ( IVPAF ) tumbled 16.2%. The company

said it had suspended its output forecast for this year after

seismic activities at its copper mine in the Democratic Republic

of Congo halted underground mining operations.