A late surge of buying pushed the Toronto stocks into positive territory at Monday’s close. The S&P/TSX composite index gained 13.66 points to close at 7,766.05.

The mining and health care sectors led the gainers, up 1.4% and 1.1% respectively.

The information technology sector kept the market’s gain in check with a loss of 1.2%. Nortel dropped 16¢ to $5.31; Celestica fell 46¢ to $18.25; ATI Technologies rose 9¢ to $18.21.

Bullion futures in New York fell $6.50 US to $391.50 US an ounce.

Kinross rose 2 5¢ to $10.47; Placer Dome was 12¢ lower at $21.60.

QLT led health care stocks higher after data from a competitor of suggested its drug to treat age-related blindness showed results that were similar to QLT’s product. QLT shares gained $2.16 to finish at $22.23.

MDS added 29¢ to close at $19.29.

The revolving door at Hollinger’s executive suite boosted Hollinger Class C shares $1.49 to $5 after CEO Conrad Black said he would be stepping down amid findings that he and fellow Hollinger executives had received millions of dollars in unauthorized payments.

Hollinger International shares rose US$2.23 US to US$15.73.

Royal Group Technologies shares fell 74¢ to $9.70. Co-CEO Vic De Zen said he would resign next month.

In mining stocks, Ivanhoe Mines added $1.11 to $11.96 after the company said it had won Nasdaq approval to list its shares there.

The junior S&P/TSX venture composite index fell 4 points to close at 1,616.32.

In New York, stocks fell for the third straight session as fears over more deadly attacks across the world and a gloomy outlook for the key holiday season from retailer Toys R Us raised investor concerns that the market has risen too far, too fast.

The Dow Jones Industrial Average dropped 57.85 points to finish 9,710.83.

The tech-heavy Nasdaq composite index lost 20.70 points to 1,909.60. The broader S&P 500 slid 6.72 points to 1,043.63.

The Canadian dollar fell 0.59¢ of a cent to US76.20¢.