06/25/2015 10:42 EDT | Updated 06/25/2016 01:12 EDT

Canadian dollar up as Toronto Stock Exchange declines after 3-day rally

TORONTO - The Canadian dollar was up about one-third of a U.S. cent as the Toronto stock market turned down Thursday morning.The loonie traded at 81.02 cents US, up 0.37 of a U.S. cent from Wedneday's close.The S&P/TSX composite index was down 23.33 points at 14,924.18, after rising nearly 300 points over three daysThe Dow Jones industrial average was up 16.28 points at 17,982.35, the Nasdaq index rose 5.8 points to 5,128.21, and the S&P 500 advanced 3.35 points to 2,111.93.On the commodity markets, the August crude contract was down 60 cents at US$59.67 a barrel and the August gold contract rose 50 cents to US$1,173.40 an ounce.