Gold Stocks and Composite Index

composite index: The SaP/TSX composite index dropped 57.21 points to 14,278.55, with the market also held back by gold stocks, which gave up further ground as bullion prices continued to decline, according to The Star. American indexes were also lacklustre as the initial or flash Markit purchasing managers index for the United States fell to 55.5 in March from 57.1 in February, but still showed improving conditions for manufacturers. Readings over 50 in the purchasing managers index indicate growth and Falling mining issues helped push the Toronto stock market lower Monday as base metal stocks declined amid data showing continued contraction of Chinas manufacturing sector and slowing expansion in the United States. The Canadian dollar was up 0.12 of a cent to 89.33 cents U.S. . (www.immigrantscanada.com). As reported in the news.