P.M. market numbers: September 14, 2009

| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market closed higher for a third consecutive session Monday as rising financial and energy stocks made up for losses in the mining sector amid rising trade tensions between China and the United States.

Toronto’s S&P/TSX composite index closed up 78.81 points to 11,332.04, adding to last week’s rise of just over two per cent.

Concerns about a growing trade dispute rose after the U.S. government imposed trade penalties late Friday on tires coming from China. The Chinese government responded with a complaint to the World Trade Organization. Investors had worried it would erupt into a tariff war that could damage an economic recovery.

CMC Canada market analyst Colin Cieszynski said there is a fear that the dispute between the United States and China could spiral into something bigger.

The TSX energy sector was up almost one per cent even as a stronger U.S. dollar pulled down commodity prices and made a dent in the Canadian dollar. The loonie moved down 0.42 of a cent to 92.29 cents US.

The October crude contract on the New York Mercantile Exchange lost 43 cents to US$68.86 a barrel.

In New York, stocks recovered from steep losses at the open. The Dow Jones industrial average rallied to close up 21.39 points to 9,626.8, the Nasdaq composite index climbed 10.88 points to 2,091.78 while the S&P 500 index added 6.61 points to 1,049.34.

Traders reacted coolly to a speech from U.S. president Barack Obama, who warned the financial industry against the type of recklessness that led to the collapse of the brokerage Lehman Brothers Holdings Inc. one year ago. That event sent global stock markets tumbling last fall and winter and led to a freeze in the credit markets that power the world’s economies.

The gold sector was off almost one per cent as the December bullion contract on the New York Mercantile Exchange lost $5.30 to US$1,001.10 an ounce.

(THE CANADIAN PRESS)

North American markets

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	Close	Change	YTD
Dow Jones	9,626.80	+21.39 or +0.22%	+9.69%
S&P 500	1,049.34	+6.61 or +0.63%	+16.17%
NASDAQ	2,091.78	+10.88 or +0.52%	+32.64%
TSX Composite	11,332.04	+78.81 or +0.70%	+26.08%

International markets

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	Close	Change	YTD
Nikkei	10,202.06	-242.27 or -2.32%	+15.15%
Hang Seng	20,932.20	-229.22 or -1.08%	+45.49%
SENSEX	16,214.19	-50.11 or -0.31%	+68.07%
FTSE 100	5,018.85	+7.38 or +0.15%	+13.19%
CAC 40	3,730.61	-4.28 or -0.11%	+15.93%
DAX	5,620.24	-3.78 or -0.07%	+16.84%

Bonds

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Bonds	$Current	$Previous	%Yield
Cdn. 10-year bond	103.23	103.53	3.32
Cdn. 30-year bond	118.69	119.24	3.86
U.S. 10-year bond	101.72	102.38	3.42
U.S. 30-year bond	104.51	105.53	4.23

Currency

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BoC Close	Today	Previous
Canadian $	0.9229	0.9271
US $	1.0835	1.0786

Euro Spot Rate	Today	Previous
Canadian $	0.6313	0.6361
Euro	1.5841	1.5720

Commodities

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Gold	AM	PM
London Gold Fix ($US)	$994.25	$999.25

Oil	Close	Change
WTI Crude Future (US)	$68.85	-$0.44 or -0.64%

(09/14/09)