Loonie rises above 73 cents US; TSX, oil, gold up too

TORONTO -- The loonie and Canada's largest stock market were up significantly Thursday morning.

The Toronto Stock Exchange's S&P/TSX composite index was up 142.60 points at 12,735.62 in late morning trading -- a gain of nearly two per cent.

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Meanwhile, U.S. markets were mixed.

The Dow Jones industrial average gained 41.26 points at 16,377.92, while the broader S&P 500 index lost 0.51 of a point at 1,912.02. The Nasdaq composite fell 6.75 points at 4,497.49.

The loonie rose above 73 cents US for the first time this year. The Canadian dollar was worth 73.04 cents US -- up 0.43 of a U.S. cent.

On the commodity markets, the April gold contract rose $10.90 to US$1,152.20 an ounce and the March crude contract was up 86 cents at US$33.14 per barrel.



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