Raw materials was the star performer on the Toronto Stock Exchange today as the sector posted gains that helped offset losses elsewhere. Gold producers gained as demand increased globally, with risk-averse investors choosing it as a safer option. There were losses for Blackberry after the firm issued a statement denying that it was in talks to sell to Samsung; a $7.5 billion deal was being reported yesterday. Bombardier also fell, by as much as 23 per cent, as the firm revealed 1,000 job losses in the US and Mexico as its Lear 85 business jet project was halted.
The S&P/TSX Composite Index closed down 42.61 (0.30 per cent)
The NYSE closed lower
Oil is trending higher
Gold is trending lower
The loonie is up against the US dollar ($0.8358 at close)