TSX notches record high as tech leads broad-based gains

• TSX ends up 0.8% at 26,073.13
• Eclipses last Tuesday's record high
• All 10 major sectors rise
• ATS Corp jumps 20.3% after revenue beat

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 .GSPTSE 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.TO 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 CA10YT=RR dipped 3.2 basis points to 3.319%.

Shares of Ivanhoe Mines IVN.TO 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.