Energy, financials take TSX higher; N.Y. rises as Bernankes prospects improve

The Canadian Press ~ The News
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TORONTO - The Toronto stock market closed slightly higher.
The S&P/TSX composite index finished up 11.08 points at 11,354.51.
The Canadian dollar was unchanged at 94.51 cents US while oil closed up 72 cents at US$75.26 a barrel.
The market tumbled three per cent last week amid moves by China to slow bank lending, proposals to curb U.S. bank risk and doubts as to whether U.S. Federal Reserve chairman Ben Bernanke would be appointed to another term.
New York markets also closed higher as it looked more likely Bernanke would win a vote for a second, four-year term.
The Dow Jones industrial average moved 23.88 points higher to 10,196.86 after falling just over four per cent last week. The Nasdaq composite index climbed 5.51 points to 2,210.8 while the S&P 500 index gained 5.02 points to 1,096.78.

Organizations: TSX, S&P, U.S. bank U.S. Federal Reserve Dow Jones industrial average

Geographic location: New York, TORONTO, US China

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