06/22/2015 11:11 EDT | Updated 06/22/2016 01:12 EDT

North American markets begin week on positive note, Canadian dollar slips

TORONTO - The Canadian dollar was down about one-tenth of a cent as North American stock markets began the week with a strong advance Monday morning.The S&P/TSX composite index was up 112.27 points at 14,765.39 in morning trade, after falling 117.52 points on Friday.The Dow Jones industrial average was up 148.24 points at 18,164.19, the Nasdaq index rose 36.12 points to 5,153.12, and the S&P 500 advanced 17.67 points to 2,127.66.The loonie traded at 81.41 cents US, down 0.12 of a U.S. cent from Friday's close.On the commodity markets, the July crude contract was down 42 cents at US$59.19 a barrel and the August gold contract fell $17.50 to US$1,184.40 an ounce.