Oil, commodities gains push TSX higher

The Toronto Stock Exchange has kicked off the week with gains as prices for oil and copper rebound and the loonie strengthens against the greenback.

The Toronto Stock Exchange has kicked off the week with gains as prices for oil and copper rebound and the loonie strengthens against the greenback. Around the world there were gains in many Asian markers, boosted by higher Wall Street stocks on Friday. In Europe Greek debt has subdued the markets with a war of words dominating the headlines.

The S&P/TSX Composite Index closed up 14.80 (0.1 per cent)

The NYSE closed lower

Oil is trending higher (Brent $55.77, WTI $47.33 at 4.20pm)

Gold is trending higher

The loonie is valued at U$0.7997 (at 4.20pm)

 

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