TORONTO - The Toronto stock market was little changed amid fresh doubts about the strength of the Chinese and American economies. The S&P/TSX composite index added 1.97 points to 12,028.73 and the Canadian dollar was up 0.46 of a cent to 100.04 cents US. The World Bank has trimmed its growth outlook for China this year to 8.2 per cent from 8.4 per cent. It cited both U.S. and European economic woes as well as Chinese lending and investment curbs imposed to cool an overheated economy. U.S. markets were positive as the U.S. Labour Department said weekly unemployment benefit applications jumped 13,000 to a seasonally adjusted 380,000, the highest level in two months. The previous week’s figures were also revised higher. The Dow Jones industrials rose 22.56 points to 12,827.95. The Nasdaq composite index rose 9.06 points to 3,025.52 and the S&P 500 index gained 2.54 points to 1,371.25. Oil gained 10 cents to US$102.80 a barrel.

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