Canada’s main stock index rose on the strength of the energy sector today as the price of oil surged more than three per cent following America’s withdrawal from the Iran nuclear accord. The S&P/TSX composite index rose 68.10 points to 15,910.81, with shares in the energy sector being among the top three performers of the day. The June crude contract rose $2.08 (U.S.) or 3.01 per cent to $71.74 per barrel. The S&P 500 index advanced 25.87 points to 2,697.79 and the Nasdaq composite index moved up 73.01 points to 7,339.91. The Canadian dollar was trading at 77.78 cents U.S., up 0.64 of a U.S. cent.

Source: thestar May 09, 2018 15:33 UTC