TORONTO - The Toronto stock market was little changed at the open in what could be a relatively quiet session, with U.S. markets still in Thanksgiving holiday mode and reopening for a shortened session.
The S&P/TSX composite index edged up 2.12 points to 12,155.22 after gaining 53 points on Thursday. The Canadian dollar was up 0.03 of a cent to 100.31 cents US.
U.S. markets were higher on hopes for solid results from "Black Friday," the start to the holiday retail season.
The Dow Jones industrials gained 60.21 points to 12,897.1, the Nasdaq composite index climbed 16.62 points to 2,943.17 and the S&P 500 index was up 6.32 points at 1,397.35.
The day after U.S. Thanksgiving is dubbed "Black Friday" because it is when U.S. retailers traditionally turn their first profit of the year as millions of Americans rush out to stores in search of gifts for Christmas and other seasonal holidays.
Commodities were higher as the January crude contract on the New York Mercantile Exchange rose 11 cents to US$87.49 a barrel.


CP | By Malcolm Morrison, The Canadian Press Posted: 11/23/2012 8:27 am EST Updated: 11/23/2012 9:54 am EST