TSX Wall Street climb higher as oil prices briefly top US50 a

TORONTO — North American stock markets pushed higher as the energy sector strengthened and oil prices briefly broke the US$50 mark.Toronto’s S&P/TSX composite index gained 110.31 points at 13,978.66 points, turning around earlier losses to log a fifth consecutive trading day of gains.TSX energy stocks rose three per cent, as the November crude contract lifted $1.62 to settle at US$49.43 a barrel and the November contract for natural gas was up 2.4 cents at US$2.50.The December gold contract fell $4.40 to US$1,144.30 an ounce.On Wall Street, the Dow Jones industrial average of 30 stocks was up 138.46 points at 17,050.75, while the broader S&P 500 index rose 17.60 points to 2,013.43. The Nasdaq index moved ahead 19.64 points to 4,810.79.The loonie was up 0.28 of a cent at 76.82 cents US.The Canadian Press

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