U.S. markets are closed today for the President’s Day holiday.

Crude-oil prices are up, but European indices were flat to negative. Most Asian markets finished higher, but Tokyo stocks were pushed down by Sony amid doubts about the launch date of its Playstation 3 video game.

Toronto markets ended last week on a high note. Stocks were up Friday, with resource issues powering the market forward.

The S&P/TSX composite index finished up 53.73, or 0.46%, to 11,758.04.

The benchmark index finished the week up 0.9%, regaining some of the ground it lost in six of the past nine sessions.

Volume on the senior exchange was 311 million shares.

Half of the 10 TSX main sub-groups were up, with the energy index gaining 1.46%.

Light, sweet crude for March delivery ended up $1.42 at US$59.88 on the New York Mercantile Exchange.

Suncor Energy Inc. gained 22¢, or 0.26%, to $85.45.

The materials sector moved up 0.88%. Gold for April delivery ended up $5.80 at US$554.60 an ounce.

Goldcorp Inc. rose 33¢, or 1.16%, to $28.80.

The Canadian dollar was up 0.48 of a cent to US86.86.

The S&P/TSX Venture Exchange index boomed forward 51.50, or 2.09%, to 2,513.19.

In New York, markets were off as economic news suggesting inflationary pressures were influencing the economy.

The Dow Jones Industrial average closed down 5.36 points at 11,115.32. The Nasdaq Composite Index fell 12.27 points to 2,282.36, while the S&P 500 Index dipped 2.14 points at 1,287.24.

For the week, the Dow racked up a 1.8% advance, the Nasdaq rose 0.9% and the S&P 500 advanced 1.6%.