Toronto stocks rose Tuesday, after several sessions of significant losses, as gains in the financials and technology sectors offset continuing declines in commodities.

The S&P/TSX composite index moved up 22.34, or 0.19%, to 11,678.91.

Six of the 10 TSX main sub-groups were up, but the energy sector fell 1.01%.

Light, sweet crude for October delivery fell $1.85 to US$63.76 a barrel.

EnCana Corp. fell 78¢, or 1.46%, to $52.61.

The materials index was off 0.67% and the gold sub-index gave up 1.49%. The benchmark December gold contract fell $3 to end at US$594.30 an ounce.

Glamis Gold lost 98¢, or 2.14%, to $44.77.

The financials sector gained 0.75%.

Bank of Nova Scotia rose 27¢, or 0.58%, to $46.87.

The information technology index gained 1.40% and the telecommunications services sector was up 1.96%.

Research in Motion rose $2.63, or 2.92%, to $92.68, while Telus Corp., which yesterday announced its intentions to convert itself into an income trust, gained $2.10, or 3.51%, to $61.90.

The Canadian dollar was up 0.12 of a cent to close at US89.29¢.

The S&P/TSX Venture Exchange index lost 2.96, or 0.11%, to 2,601.47.

In New York, lower commodity prices fuelled a rally on the major indices.

The Dow industrials rose 101.25 points to 11,498.09, the Nasdaq Composite Index soared 42.57 points to 2,215.82, and the S&P 500 Index climbed 13.58 points to 1,313.12.