WatchTSX takes a hit from falling gold prices as US markets climb

TORONTO — A steep decline in gold prices left a dent in the Toronto stock market.The S&P/TSX composite index pulled back 41.67 points to 15,304.77, dragged lower mainly by weakness in the gold sector.June bullion lost $16.20 to settle at US$1,186.90 an ounce.Energy stocks were higher as the June crude contract moved down 45 cents to US$56.16 a barrel.The Dow Jones industrial average rose 88.68 points to 18,038.27. The Nasdaq advanced 21.07 points to 5,035.17 and the S&P 500 gained 10.67 points to 2,107.96.And the Canadian dollar was up 0.35 of a U.S. cent at 81.78 cents.

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