Stocks advance after biggest declines since 2013

Stocks advance after biggest declines since 2013

Stocks advance after biggest declines since 2013 Financial, health-care and materials stocks gained today returning the Toronto Stock Exchange to positive territory for the first time this week. Oil prices have been below $50 for much of the week so far but have at least managed some gains today. Asian and European markets closed mainly up despite ongoing concern over the global economy.

The S&P TSX Composite Index closed up 38.23 (0.27 per cent)

The NYSE closed slightly up

Oil is trending lower

Gold is trending higher

The loonie is trending down against the US dollar (around 84.5 cents)