TORONTO — Canada’s main stock index rose on Friday, breaking a string of negative moves throughout the week.
“We’re still constructive on the equity market, but I do think the catalyst today is definitely oil falling and stocks rising,” said Brianne Gardner, senior wealth manager of Velocity Investment Partners at Raymond James Ltd.
The S&P/TSX composite index was up 191.21 points at 35,697.49. The gains were helped by strength in the technology sector.
The October crude oil contract was down US$2.43 at US$100.05 per barrel after breaching the US$100 mark Thursday amid the ongoing war between the U.S. and Iran.
Meanwhile, Gardner said the Canada-U.S. trade
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