TSX posts minor gain after two days of losses but Wall Street

TORONTO — The Toronto stock market posted a minor gain after two days of heavy losses on North American exchanges as resource shares recovered slightly.The S&P/TSX composite index ended the day up 15.12 points at 12,937.59, after losing 436 points over the previous two sessions.In New York, all three major markets posted losses for a third straight day. The Dow Jones average of 30 stocks lost 75.7 points to close at 17,492.30, the broader S&P 500 fell 15.97 points to 2,047.62 and the Nasdaq fell 75.37 points to close at 5,022.87.On commodity markets, the January contract for benchmark crude oil ended trading down 35 cents at US$37.16 a barrel, January natural gas fell 0.8 of a cent to settle at at US$2.062 per mmBtu and February gold added $1.20 to US$1.076.50 an ounce.The Canadian dollar rose 0.12 of a cent to 73.72 cents U.S., rebounding slightly from two-day slide that saw the loonie lose more than a cent in value since its close on Friday. read more