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TSX, Canadian dollar dive and Wall Street slumps as oil rally fizzles

North American stock markets fell in early morning trading today, with the Toronto Stock Exchange dropping more than its U.S. counterparts.

TORONTO – A pullback in oil prices and disappointing retail sales data pushed the Toronto stock exchange to some lower close after four consecutive advances.

The Toronto Stock Exchange’s S&P/TSX index lost 117.96 suggests 12,813.40.

The Canadian dollar was down 0.10 of the U.S. cent at 72.63 cents US.

In Ny, the Dow Jones industrial average fell 21.44 suggests 16,391.99 and also the broader S&P 500 was off 0.05 from the point at 1,917.78. Meanwhile, the Nasdaq composite index appeared 16.89 points at 4,504.43.

On commodity markets, the March crude contract was down $1.13 to US$29.64 a barrel, as the March agreement for gas fell five cents to US$1.80 per mmBtu.

April gold rose $4.50 to US$1,230.80 an oz ., while March copper was unchanged at US$2.08 one pound.

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