The TSX composite fell 3.41 points to 12,647.01 in mid-morning trading on Monday. The Dow was up 46.42 to 15,161.99, while NASDAQ lost 22.28 to 3,433.63.
In corporate news, Centerra Gold Inc. (TSX: T.CG, Stock Forum) said it expects the Kumtor mine in eastern Kyrgyzstan to achieve its 2013 production target despite last week's shutdown caused by protests calling for nationalization of the operation. Centerra rose 5.5% to $4.03 a share after the company said on Sunday that the mine and mill had resumed operations.
Fed Chairman Ben S. Bernanke said two weeks ago the central bank could reduce monetary stimulus, known as quantitative easing, if officials see signs of sustained improvement in growth.
The price of gold rose US$21.82 to US$1,409.89 an ounce, while silver eased US$0.52 to US$22.78 an ounce.