TSX rises as easing oil prices offset rate hike fears
Canadas main stock index rose as lower oil prices boosted investor sentiment. The gains helped offset rising expectations of a Federal Reserve interest rate hike next week.
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Canada's main stock index rose 0.6% on Friday morning, buoyed by easing oil prices. The rebound helped investors look past rising rate-hike expectations from the United States central bank. The session put the benchmark on track to snap a four-day losing streak after hitting a six-week low.
