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Toronto Index Dips

Canada stocks closed mixed in choppy trading. The TSE 300 fell 74.18 to 8227.60, depressed by weakness in Financial Services, Industrial Products and the Oil & Gas sectors. The S&P/TSE 60 tumbled 5.25 to 480.66. Breadth was 756-497 positive, lifted by strength in the Utilities and Gold & Precious Minerals sectors. Government of Canada bonds rose in tandem with Treasuries as Fed's McDonough and Moskow saw economic pickup in the second half of 2001. The June Canadian dollar settled higher at 64.72 cents vs. the U.S. dollar. April crude settled $0.61 lower at $28.39. April gold settled $3.70 higher at $266.10.

Europe markets traded mixed. The London Financial Times-Stock Exchange 100 index ended up 1.40, or 0.02%, to 6,003.20. In Germany, the DAX Index was lower by 39.53, or 0.82%, to 6,266.11. Meanwhile, France's CAC 40 Index ended down 45.02, or 0.82%, to 5,438.66.

Asia markets ended mixed. Japan's Nikkei 225 Index closed down 73.33, or 0.58%, to 12,650.56. Hong Kong's Hang Seng, meanwhile, finished up 31.59, or 0.22%, to 14,208.95.

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