TORONTO – The Toronto stock market cast away the restraint felt on Wall Street and focused on stronger commodity prices to climb higher.
The S&P/TSX composite index was up 65.22 points to close at 12,704.52.
Driving the market higher were gold stocks as December gold bullion rose $27.50 to end at US$1,360.90 an ounce. September copper fell 2.5 cents to US$3.34 a pound.
The September crude contract rose 48 cents to settle at US$107.33 a barrel as supply concerns returned following the renewed unrest in Egypt.
In the U.S., the Dow fell 225.47 points to 15,112.19, the Nasdaq dropped 63.16 points to 3,606.12 and the S&P 500 slid 24.07 points to 1,661.32.
The Canadian dollar rose 0.23 of a cent to 97.05 cents US.
© The Canadian Press, 2013