Toronto Index Dips

Europe closes mixed; Japan's Nikkei inches down

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.

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