Markets

TSX Adds 34 Points As Mining, Energy Support; Sectors Mixed

North American stocks were slightly higher at midday, with the S&P TSX Composite Index posting a small gain of about 34 points, or 0.3%. Toronto's commodity-sensitive stock index was supported by mining and energy stocks amid uncertainty surrounding the future of the U.S. Federal Reserve's stimulus program and the sluggish U.S. economic data.

Mining stocks were 0.60% higher, leading the gainers, as prices for silver went up 1.83%. Energy stocks rose 0.24%, even as crude oil slipped 0.70% to $105.68 a barrel. Banks were 0.33% higher.

On the negative side, industrials posted the biggest loss of 0.62%. It was followed by utilities, down 0.54%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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