Article content

TORONTO — The Toronto stock market and the loonie closed higher as investors mulled Justin Trudeau’s majority win in Monday’s federal election.

The S&P/TSX composite index was up 83.54 points at 13,841.92.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or TSX, loonie outperform U.S. as investors digest Liberal majority win Back to video

The loonie rose against the American greenback, up 0.22 of a U.S. cent to 77.03 cents US.

The major U.S. indexes were slightly lower as investors looked to individual companies’ earnings reports.

The Dow Jones average of 30 stocks was down 13.43 points at 17,217.11 and the broader S&P 500 futures gave back 2.89 points to 2,030.77, while the Nasdaq retreated 24.50 points to 4,880.97.

On commodity markets, the December gold contract was up $4.70 at US$1,177.5 an ounce, the December crude contract was up one cent at US$46.29 a barrel and the November contract for natural gas was up three cents at US$2.48 per thousand cubic feet.