Closing Bell TSX dodges global rout as investors flock to oil gold

Here are the closing numbersTSX — 14,212.74, up 3.15 pointsS&P 500 —  1,845.73, down 13.72 pointsDow — 16,168.03, down 153.68 pointsNasdaq — 4,277.30, down 30.82 pointsCanadian dollar —  90.22 cents US, down 0.08 of a centGold— US$1,350.30 per oz., up $28.70Oil — US$104.92 per barrel, up $2.33TORONTO — The Toronto stock market closed little changed, one of the few global markets to avoid racking up sharp losses in the wake of Russia’s invasion of Ukraine’s Crimean peninsula.The S&P/TSX composite index edged 3.15 points higher to 14,212.74. TSX losses were partly held in check by energy and gold stocks, which rose alongside oil and bullion prices as traders generally avoided riskier assets such as equities and base metals.Gains in commodities helped support the Canadian dollar, which was faring better than some other currencies. The loonie declined 0.08 of a cent to 90.22 cents US.Investors sought the perceived safe haven of U.S. dollars and Treasuries after Russia took effective control of the Crimean peninsula, calling it a necessary protection for citizens living there.U.S. indexes tumbled as traders weighed the potential economic consequences of Russia’s move.The Dow Jones industrials dropped 153.68 points to 16,168.03, the Nasdaq gave back 30.82 points to 4,277.3 and the S&P 500 index fell 13.72 points to 1,845.73.TOP STORIESU.S. crude may rise above $120 if war erupts in Ukraine: analystPimco sees Canadian housing market falling as much as 20%Osisko settles lawsuit with Goldcorp over US$2.6B hostile takover, wins more time to seek alternative offersGlobal stock markets tumble as Ukraine war threat spooks investorsWHAT’S ON DECK TUESDAYECONOMIC NEWSUNITED STATES7:45 a.m. ICC Same-Store Sales (Mar 1)CORPORATE NEWSCANADABank Of Nova Scotia Q1 earnings: Analysts expect $1.33 a share read more