TORONTO - The Toronto stock market was slightly lower amid falling commodities and good news about the strength of the American banking system.
The S&P/TSX composite index was down 20.12 points to 12,517.57 while the Canadian dollar lost 0.14 of a cent to 100.95 cents US.
U.S. markets were higher amid news after the market close Tuesday that all but four of 19 major U.S. banks passed a Federal Reserve "stress test" exercise. They also got the green light to boost dividends and take other steps that will make their stocks more attractive to investors also helped support markets.
The Dow Jones industrials moved up 4.39 points to 13,182.07.
The Nasdaq gained 4.13 points to 3,044.01, while the S&P 500 index added 0.18 of a point to 1,396.13.
Oil fell 54 cents to US$106.17 a barrel after a report showed a bigger than expected rise in U.S. crude supplies, a sign that demand remains sluggish.
