U.S. stocks on Monday continued their rebound, but Canadian stocks were dragged lower by declining commodity prices.
The Dow Jones industrial average rose 33 points or 0.3 per cent, to 12,253. The broader S&P 500 rose 3 points or 0.3 per cent, to 1317. In Canada, the S&P/TSX composite fell 33 points or 0.2 per cent, to 14,006.
Commodity prices were generally weaker, with crude oil down to $103.88 (U.S.) a barrel, down $1.52. Gold fell to about $1413 an ounce, down $13.30. That hit Canadian resource companies, with Suncor Energy Inc. down 0.4 per cent, Barrick Gold Corp. down 0.3 per cent and Teck Resources Ltd. down 0.7 per cent.
Uranium producers were also hit again, following reports that toxic water from Japan's stricken nuclear plant might be spilling into the ocean. Cameco fell 2 per cent and Uranium One fell 9 per cent.
Among U.S. stocks, Bank of America snapped its recent losing streak, rising 1.3 per cent, AT&T Inc. rose 1.1 per cent and Caterpillar Inc. rose 1 per cent.