Toronto stocks moved higher Tuesday, despite a drop in oil prices, as the resource sectors posted a strong session.

The S&P/TSX composite index gained 64.26, or 0.55%, to 11,755.15. The exchange was closed yesterday for the Thanksgiving holiday.

Eight of the 10 TSX main sub-groups were up, with the energy group advancing 1.19%.

Crude for November delivery ended down $1.44 at US$58.52 a barrel.

EnCana Corp. gained 55¢, or 1.07%, to $51.82.

The material sector gained 1.33%, while the gold sub-sector rose 0.61%.

The benchmark December contract ended down $6.60 at US$576.20 an ounce.

Barrick Gold Corp. gained 28¢, or 0.85%, to $33.04.

The Canadian dollar was down US0.47¢, dropping to US88.32¢.

The S&P TSX Venture Exchange down 3.92, or 0.17%, to 2,316.74.

In New York, markets were up as investors anticipated strong third-quarter earnings reports and took in lower commodity prices.

The Dow Jones Industrial Average was up 9.36 points at 11,867.17, the Nasdaq Composite Index rose 3.66 points to 2,315.43, while the S&P 500 Index added 2.76 points to 1,353.42.