MONEY IN BRIEF

Currencies

These are indicative wholesale rates for foreign currency provided by the Bank of Canada on Tuesday. Quotations in Canadian funds.

Australia dollar

Brazil real

China renminbi

Euro

Hong Kong dollar

India rupee

Indonesia rupiah

Japan yen

Malaysia ringgit

Mexico peso

N.Z. dollar

Norway krone

Peruvian new sol

Russia rouble

Saudi riyal

Singapore dollar

South Africa rand

South Korean won Sweden krona Switzerland franc Taiwanese dollar Thailand baht

Turkey lira

U.K. pound

U.S. dollar

Vietnam dong 0.9641 0.3668 0.2032 1.5448 0.1639 0.01930 0.000092 0.01173 0.3281 0.06827 0.9014 0.1592 0.3955 0.02029 0.3431 0.9654 0.10190 0.001200 0.1454 1.2927 0.04334 0.04062 0.3140 1.7532 1.2867 0.000057

Financial highlights

Highlights at the close Tuesday at world financial market trading. Stocks:

S&P/TSX Composite Index – 15,618.93, up 11.05 points Dow – 24,099.05, down 64.10 points

S&P 500 – 2,654.80, up 6.75 points

Nasdaq – 7,130.70, up 64.43 points

Currencies:

Cdn – 77.72 cents US, down 0.19 of a cent

Pound – C$1.7532, down 1.24 cents

Euro – C$1.5448, down 0.61 of a cent

Euro – US$1.2006, down 0.76 of a cent

Oil futures:

US$67.25, down $1.32

(June contract)

Gold futures:

US$1,306.80 per oz., down $12.40 (June contract)

Canadian Fine Silver Handy and Harman:

$21.682 oz., down 21.1 cents $697.08 kg., down $6.78

The markets today

TORONTO (CP) — Canada’s main stock index recovered from an earlier drop Tuesday to close the day slightly ahead.

The S&P/TSX composite index rose 11.05 points to 15,618.93. In New York, markets were mixed, but also recovered from bigger drops earlier.

The Dow Jones industrial average fell 64.10 points to 24,099.05. At one point Tuesday, it had shed more than 350 points.

The S&P 500 index gained 6.75 points to 2,654.80 and the Nasdaq composite index advanced 64.43 points to 7,130.70.

The June gold contract shed US$12.40 to US$1,306.80 an ounce and the July copper contract declined about three cents to roughly US$3.04 a pound. Both commodities were nearing psychologically important levels – US$1,300 for gold and US$3.00 for copper, said Dominique Barker, a portfolio manger at CIBC Asset Management. That is pushing up the U.S. dollar, which investors turn to as a safe haven when other stores of value drop, she said.

The loonie was trading at 77.72 cents US, down 0.19 of a U.S. cent.

Elsewhere in commodities, the June crude contract fell US$1.32 to US$67.25 per barrel and the June natural gas contract rose roughly four cents to US$2.80 per mmBTU.