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Markets finish higher
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CBC News
The Toronto Stock Exchange finished Friday with a 50-point gain, leaving it up about 290 points on the week.
In the U.S., however, markets surged, pushing the gain for the Dow Jones to about 425 points on the week, the S&P 500 to 45 points and the NASDAQ to 63 points.
The S&P gain left that index ahead on the year since Dec. 23, 2010. The Dow was already ahead, while the NASDAQ is within striking distance of gaining.
The benchmark S&P/TSX composite index, however, is still more than 1,400 points below the level it was a year ago.
The TSX composite index added 50.19 points Friday to close at 11,926.67. The industrial sub-index posted the biggest gain, followed by consumer products.
The composite's rise still leaves it with a long way to go to reach the close of 13,371.20 on Dec. 23, 2010.
The Dow gained 124.35 points Friday to close at 12,294. The S&P was up 11.33 points to 1,265.33 and NASDAQ added 19.19 points to 2,618.64.
The loonie rose 0.03 of a cent to 97.13 cents US, crude oil was 15 cents to $99.68 a barrel and gold fell $4.60 an ounce to $1,606.
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