CANADA STOCKS-TSX gains as higher oil prices boost energy stocks [Reuters]
Gold.com, Inc. (GOLD)
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Source: Reuters
CANADA STOCKS-TSX gains as higher oil prices boost energy stocks April 24 (Reuters) - Energy stocks pushed Canada’s main index higher on Friday, as oil bounced at the end of a torrid week that saw U.S. crude prices fall into negative territory. * The energy sector climbed 1.7% as U.S. crude prices were up 5.4% a barrel, while Brent crude added 3.3%. * Still, crude prices are heading for their eighth weekly loss in the last nine. U.S. West Texas Intermediate fell into negative territory, to minus $37.63 a barrel on Monday. * At current levels, Canada’s main index is on pace to end marginally lower, snapping a four-week winning streak. * At 9:36 a.m. ET (13:36 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 95.08 points, or 0.67%, at 14,346.17. * The materials sector, which includes precious and base metals miners and fertilizer companies, added 2% as gold futures rose 0.6% to $1,744 an ounce. * Gold prices were boosted by central bank stimulus measures and investor ap
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