TORONTO — The Toronto stock market gave back some gains at the open as investors took in news on a record loan by the European Central Bank and slightly weaker commodity prices.
The S&P/TSX composite index dropped 30.19 points to 11,686.69.
The Canadian dollar added 0.23 of a cent to 97.29 cents US after Statistics Canada reported much stronger than expected October retail sales.
Commodity prices lost a little steam, with the February gold contract down $5.80 to US$1,611.80 an ounce and the March copper contract off a penny at US$3.36 a pound.
The January oil contract added 23 cents to US$97.47 a barrel.
Wall Street also moved lower with the Dow Jones index down 12.34 points at 12,091.24. The Nasdaq index fell 16.01 points to 2,587.72 and the broader S&P index lost 3.9 points to 1,237.41.
