Tsx Little Changed After Yo-yo Session -- Canadian Commentary

(RTTNews) - Canadian stocks fought back from early losses to finish near the unchanged line Monday, helped by gains among health care and consumer discretionaries.

The TSX Composite eased 3.54 points to 15,316.02, keeping most of their gains from the previous two sessions.

Alimentation Couche-Tard Inc can buy rival CST Brands Inc (CST.N) by selling 71 stores in eight states, the U.S. Federal Trade Commission said on Monday. Couche-Tard shares rose 3.5 percent.

BlackBerry (BB.TO) rebounded 5.5 percent after falling the most in two years on disappointing sales.

Ratings agency DBRS downgraded Cenovus Energy (CVE.TO) after the Canadian oil company's acquisition of ConocoPhillips assets. Shares were up fractionally.

Fairfax Financial's (FFH.TO) exchange offer for Allied World shares will expire on June 30, 2017.

Oceanagold (OGC.TO) touted exploration success at its Waihi project from underground and surface drilling yielding. Shares fell 3.2 percent along with most gold stocks.

Gold futures fell, giving back gains from the previous three sessions. August gold was down $10, or 0.8%, to settle at $1,246.40/oz

Crude oil futures nudged higher, improving from 10-month lows as buyers found value after the recent collapse. August WTI oil settled at $43.38/bbl on Nymex, up 37 cents, or 0.9%.

Prices plunged 20 percent over the past few weeks to the lowest since mid-2016.

New orders for U.S. manufactured durable goods fell by more than expected in the month of May, according to a report released by the Commerce Department on Monday.

The report said durable goods orders tumbled by 1.1 percent in May after slumping by 0.9 percent in April. Economists had expected orders to drop by 0.6 percent.