Stocks in Toronto rebounded to make slight gains today, after dropping sharply in early morning trading following the crash of American Airlines Flight 587 in New York.

The Toronto Stock Exchange 300 composite index finished the day up 14.21 points, or 0.20 percent, at 7,223.90. Stocks came back from a fall of almost 100 points, after U.S. aviation officials said they were investigating the crash as an accident, not a terrorist act.

It was a bank holiday, today, as Remembrance Day in Canada and Veterans Days in the U.S. were celebrated. Therefore, trading volume was low. Overall, half of the TSE 300’s 14 subgroups finished higher, as the tech-heavy industrial products sector gained 1.10 percent. Celestica Inc. $2.31 to $62.30. Ballard Power Systems gained $2.70 to $47.70.

In Toronto, the stock of Four Seasons Hotels Inc. fell sharply after the plane crash, and lower revenues (reported on Friday) combined to pull the stock down $4.33,or 7.4 to $54.68.

Bombardier Inc. fell 63¢, or 5.3 percent, to $11.36, as investors dealt with speculation that the World Trade Organization could come down harder than previously thought on subsidies from Ottawa for Bombardier purchases.

Trading was moderate on the CDNX, today. Volume reached 22.3 million shares worth $6.4 million, with 150 advances, 195 declines and 450 issues unchanged. The venture exchange closed down slightly – 11.33 at 3021.46.

South of the border, stocks plummeted early on Monday, but rebounded quickly. Technology stocks edged higher on a solid forecast from communications gear-maker Ciena Corp.

The blue-chip Dow Jones industrial average ended with a slight loss of 53.63 points, or 0.56%, at 9,554.37. It had sunk more than 2% during the day. The Standard & Poor’s 500 Index dipped 1.98 points, or 0.18%, to 1,118.33.

The Nasdaq composite index gained 11.65 points, or 0.64% to end at 1,840.13, after undergoing a 2.5% drop. It was the highest close since Aug. 29 for the Nasdaq.