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TSX opens higher on economic recovery hopes

Credit: REUTERS/CHRIS HELGREN

Canada's main stock index opened slightly higher on Friday, tracking gains on Wall Street as investors bet on more government spending to shore up a battered global economy.

July 17 (Reuters) - Canada's main stock index opened slightly higher on Friday, tracking gains on Wall Street as investors bet on more government spending to shore up a battered global economy.

* At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 64.79 points, or 0.4%, at 16,089.29.

(Reporting by Shivani Kumaresan in Bengaluru; Editing by Shinjini Ganguli)

((Shivani.Kumaresan@thomsonreuters.com ; +1 646 223 8780))

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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