Loonie, TSX make gains amid generally positive equity markets

TORONTO - The Canadian dollar and Toronto Stock Exchange made advances Tuesday morning amid generally positive equity markets.

The loonie was at 72.86 cents US, up 0.07 of a cent from the previous close.

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Earlier in the morning, Canada's dollar had traded above 73 cents US, still near 11-year lows.

The S&P/TSX composite index was up 171.53 points at 12,867.02. That partially offset a decline of 321 points over the previous two sessions on Monday and Friday.

The Dow Jones average of 30 stocks was up 173.61 points at 17,542.11, the broader S&P 500 index advanced 19.87 points to 2,041.81 and the Nasdaq gained 42.31 points to 4,994.54UP.

On the commodity markets, the January crude contract was up 86 cents at US$37.17 per barrel and the January contract for natural gas was down seven cents at US$1.83. The February gold contract fell $3 to US$1,060.40 an ounce,


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