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Posted AT 12:39 PM EDT on 02/11/09

At noon: Stocks clinging to gains

Stocks were clinging to modest gains in midday trading Monday, as bullish U.S. economic news and stronger commodity prices trump the latest black cloud in the financial sector. Shortly after noon ET, the S&P/TSX composite index was up 16.58 points at 10,927.33. Eight of 10 major sector subindexes were up, led by materials, up 1.1 per cent on higher commodity prices. Technology stocks led the downside, off 1.7 per cent.

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