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TSX Up 9 Points With Healthcare, Info Tech, Leading; Energy The Biggest Loser

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The TSX is up 9 points this morning on mostly positive sectors. Healthcare (+0.83%) and info tech (+0.38%) are the biggest gainers, with energy, the biggest loser, shedding 0.35%.

Oil is down 0.83% to US$48.92, and Action Economics ( AE ) said increasing U.S. shale production and high inventories of refined products in the U.S. will continue to limit upside potential, while uncertainty remains over whether or not OPEC/NOPEC will extend their production cuts beyond June.

The U.S. House of Representatives and the Senate on Friday passed a stop-gap spending bill to avoid a government shutdown. Negotiators agreed on a US$1 trillion budget.

The pace of growth in the Canadian manufacturing sector ticked up in April to its highest level in six years -- Markit Canada Manufacturing PMI, rose to a seasonally adjusted 55.9 last month from 55.5 in March.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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