While the world’s markets digested data from Japan that showed the country has slipped into recession, the Toronto Stock Exchange has been building on the positives of last week. Despite commodities falling back again and putting pressure on resource producers’ stock prices, gains elsewhere have led to a 7-week high.
The S&P/TSX Composite Index ended up 39.40 points (0.26 per cent).
The NYSE closed mixed with the Dow and S&P 500 both gaining 7 per cent while the Nasdaq fell back by 0.37 per cent.
Oil is trending lower while gold is slightly up.