Loonie, TSX show little movement after long weekend

TORONTO -- Canada's dollar and its largest stock market showed little movement today, the first day of trading after a holiday weekend.

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The loonie was trading bouncing above and below 72 cents US.

At 11 a.m., it was at 72.01 cents US -- down 0.13 of a cent from Friday's close.

The Toronto Stock Exchange's S&P/TSX composite index was up 41.16 points or about 0.3 per cent at 12,422.40.

The Dow Jones industrial average was up 94.4 points or about 0.6 per cent at 16,068.24.

The broader S&P 500 composite index advanced 15 points or 0.6 per cent to 1,879.78 and the Nasdaq composite gained 57.24 points or 1.32 per cent to 4,394.75.

On the commodity markets, the March contract for crude was down 51 cents at US$28.93 per barrel, March contracts for natural gas were down 7.2 cents at US$1.89 and March copper was up 2.3 per cent to $2.05 per pound.

The April gold contract fell $24 to US$1,215.40 an ounce.

The TSX was closed Monday for Ontario's Family Day and American stock markets were closed for Presidents' Day.


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