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North American stock indexes barely changed on 8th anniversary of bull market



TORONTO — North American stock indexes were barely changed as traders marked the eight-year anniversary of the bull market.

In Toronto, the S&P/TSX composite index ended flat, dipping 0.14 of a point at 15,496.84, as losses in metals were offset by advances in the energy sector after a $12.7 billion deal in the oilsands involving Canadian Natural Resources (TSX:CNQ), Royal Dutch Shell and Marathon Oil.

There were also scant gains in New York.

The Dow Jones industrial average added 2.46 points to 20,858.19, the S&P 500 rose 1.89 points to 2,364.87 and the Nasdaq composite index was up 1.26 points to 5,838.81.

The Canadian dollar fell for the ninth session in a row, dropping 0.08 of a cent to 74.03 cents US — its lowest level this year.

In commodities, the April crude contract continued to decline, falling $1 at US$49.28 per barrel, after losing five per cent on Wednesday.

The April gold contract fell $6.20 at US$1,203.20 an ounce, May copper contracts were down two cents to US$2.58 a pound but April natural gas contracts were up seven cents at US$2.97 per mmBTU.

The Canadian Press

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