North American stock markets up moderately, loonie turns down

TORONTO -- The North American stock markets were positive shortly after they opened Monday but the loonie was showing a small loss.

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The loonie was down 0.06 of a cent at 71.65 cents US. It had been slightly positive before North American markets opened.

The Toronto Stock Exchange's S&P/TSX index rose 41.87 points to 13,066.17 -- adding to a 14-point gain on Friday.

The Dow Jones average of 30 stocks was up 91.1 points at 17,219.65, the broader S&P 500 index advanced 10.64 points to 2,016.19 and the Nasdaq gained 25.34 points to 4,948.42.

On the commodity markets, the February gold contract rose $13.50 to US$1,078.50 an ounce, the February crude contract was down 56 cents at US$35.50 per barrel and the January contract for natural gas was up 12 cents at US$1.89.


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