TORONTO -- The Toronto stock market was higher out of the gate as strength from U.S. earnings provided some motivation against the fast approaching deadline for Cyprus to deal with its debt troubles.
The S&P/TSX composite was up 17.56 points at 12,765.43, while the TSX Venture Exchange dipped 1.30 points to 1,101.68.
The Canadian dollar rose 0.03 of a cent to 97.66 cents US.
On Wall Street, the Dow Jones industrials lifted 48.42 points to 14,469.91. The Nasdaq was down 9.80 points at 3,232.40 and the S&P 500 index slid 5.25 points to 1,551.05.
Darden Restaurants, which owns the Olive Garden and Red Lobster chains, beat Wall Street expectations on earnings for the quarter Friday, as did luxury retailer Tiffany.
In Europe, Cyprus has again delayed a meeting in which parliament is due to discuss how its banks and government can be recapitalized after earlier this week rejecting a plan that would have taxed bank deposits.
