Lower greenback hits Wall Street, TSX gains

Lower greenback hits Wall Street, TSX gains

Lower greenback hits Wall Street, TSX gains North America’s major markets closed with triple-digit figures on Tuesday but while the Dow saw losses with the weaker US dollar causing ripples, the Toronto Stock Exchange was boosted by stronger performances in energy and grocery stocks. Surge Energy and Penn West Petroleum were among the top performers in energy while Metro saw good gains in retail. Around the world Asia was subdued after a lower lead from Wall Street after Monday’s close and also more weak data from China, although Shanghai closed higher. In Europe markets gained as data showed stronger growth in the Eurozone and generally ended higher.

The S&P/TSX Composite Index closed up 124 (0.83 per cent)

The NYSE closed lower (Dow down 104.9)

Oil is trending lower (Brent $55.10, WTI $47.39 at 4.25pm)

Gold is trending higher

The loonie is valued at U$0.8003 (at 4.25pm)