Technology and resource stocks sent Toronto markets higher Thursday, while U.S. markets dropped slightly on investor concern increasing producer prices.

In Toronto, the S&P/TSX composite index added 69.69 points to finish at 8,497.56.

Tech stocks added 1.45%, while gold issues climbed 1.48%, and diversified mining and metal issues increased 1.48%. It was also a positive day for financials, which added 1.61%.

Meanwhile, the junior S&P/TSX Venture composite index closed up sightly, gaining 5.21 points to 1,540.37.

The blue-chip Dow Jones industrial average fell 2.06 points to 10,377.52. The S&P 500 index dropped 1.53 points at 1,132.03. The Nasdaq composite index slipped 14.56 points to 1,983.67.

U.S. stocks were reacting to rising oil prices and a surge in producer prices last month stoked inflation worries. The U.S. producer price index, which measures prices of goods before they reach store shelves, rose 0.8% in May -— quadruple what the markets had expected.

The U.S. Federal Reserve meets to set interest rates June 29-30 and traders worry that inflation pressures could prompt the Fed to aggressively move interest rates higher.