Canada's dollar rises above 73 cents US, Toronto stock index, oil, gold up

TORONTO -- Canada's dollar and its largest stock market were up significantly in the early minutes of Thursday's trading day.

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The loonie rose above 73 cents US for the first time this year, climbing by 0.58 to 73.19 cents US at 9:30 a.m. ET.

Meanwhile the Toronto Stock Exchange's S&P/TSX Composite index was up 101.35 points at 12,694.37 -- contrasting with declines seen at its counterpart in New York

The Dow Jones Industrials average was down 31.91 points at 16,304.75, the broader S&P 500 index declined 7.43 points to 1,905.10 and the Nasdaq 100 lost 35.16 points to 4,136.81.

On the commodity markets, the April gold contract rose $14.60 to US$1,559.00 an ounce and the March crude contract was up $1.04 at US$33.32 per barrel.



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