Today in the markets
U.S. stocks closed mostly higher Monday, as investors welcomed an encouraging reading on U.S. manufacturing activity.
Canada’s main index was also up as commodity prices picked up and confidence was boosted by the results of stress tests of Spain’s banking sector.
The S&P/TSX Composite Index rose 52.73 points to 12,370.19, while the TSX Venture Exchange was up 4.19 points to close at 1,338.70.
Active stocks included Apple Inc. (NASDAQ: AAPL, Stock Forum), which fell 1.16 % to $659.39. American Express Co. (NYSE: AXP, Stock Forum) gained 1.5% to close at $57.73.
In Canada, energy stocks paced the morning drive with Bankers Petroleum Ltd. (TSX: T.BNK, Stock Forum) showing the biggest gain at 3.4%, rising to $3.05. Global base metals rose on the shoulders of Century Aluminum Co. (NASDAQ: CENX, Stock Forum), up 3.1% to $7.37, while Teck Resources Ltd. (TSX: T.TCK.A, Stock Forum) (TSX: T.TCK.B, Stock Forum) (NYSE: TCK, Stock Forum) gained 0.10% to close at $29.04.
For news about small stocks that made big moves in Monday’s trading, please read the
Stockhouse Canadian Small and Micro-cap Stock Report