Markets

TSX Climbs 91 Points, Info Tech Leads Broad Surge, Miners Up 1% on Gold Boost

Canadian stocks extended Friday's gains, with the S&P TSX Composite Index up 91 points in the first 30 minutes of today's session.

Every major sector was in the green - info tech leading with a 2.28% gain. Miners followed, up 1.37%, after gold prices went up 0.76%, as the dollar weakened on news economist Lawrence Summers withdrew from the running towards becoming the next U.S. Federal Reserve chairman. Summers is perceived to be unenthusiastic about the monetary stimulus program. Financials rose 0.88%.

Energy stocks were also in the positive territory, up 0.14%, despite falling crude prices - down 1.15% to $106.97 a barrel.

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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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