Markets

TSX Closes Little Changed

Canada's main stock index closed little changed Monday as concerns about a looming fiscal crisis in the United States overshadowed promising Chinese economic data. Many investors and traders sat on the sidelines for the Veterans Day and Remembrance Day holidays, and activity was thin.

Reuters reported that Euro zone governments will not agree to disburse more money to debt-ravaged Greece on Monday, although officials said there was a growing consensus about how big the country's debt pile will be without corrective action.

Most actively traded was Uranium One Inc. (UUU.TO) which lost 1 cent to $2.04.

Reflecting that, the Energy sector was the only sector in the red.

December crude oil fell 50 cents to settle at US$85.57 a barrel on the New York Mercantile Exchange. Gold futures settled unchanged from Friday's close at $1,730.90 an ounce.

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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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