10-02-2017 17:19 via news.yahoo.com

TSX posts record high as oil prices climb

TORONTO (Reuters) - Canada's main stock index rose on Friday to an all-time high on strengthening oil prices and hopes of business-friendly tax cuts in the United States, while a surge in domestic jobs suggested the country's economy was picking up. At 10:40 a.m. ET (1540 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 87.25 points, or 0.56 percent, to 15,704.55, having breached its 15,685.13 peak from September 2014. U.S. President Donald Trump's promise of a "phenomenal" ta
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