WatchTSX rises Wall Street falls snapping threeday rally

TORONTO — The Toronto stock market ended higher for a fourth straight day, boosted by a rally in the price of gold.The S&P/TSX composite index climbed 64.20 points or 0.5 per cent at 12,931.36, finding support from the gold and materials sectors.The Canadian dollar fell 0.24 of a U.S. cent to 72.73 cents US.On the commodity markets, April gold was up $14.90 at US$1,226.30 an ounce, while the March crude contract was up 11 cents at US$30.77 per barrel.Oil prices fluctuated throughout the day after the latest data showed that fuel stockpiles grew last week in the U.S.Crude prices have climbed recently due to optimism over a possible deal to limit production by some OPEC nations.In other resource markets, March natural gas was down nine cents at US$1.85 per mmbtu and March copper was unchanged at US$2.07 a pound.Wall Street was negative with the Dow Jones industrial average down 40.40 points to 16,413.43.The broader S&P 500 composite index declined 8.99 points to 1,917.83, while the Nasdaq composite index lost 46.52 points to 4,487.54. read more