Reuters
TORONTO (Reuters) - Canada's main stock index pushed higher on Friday with mining and energy stocks big beneficiaries of a weak U.S. jobs report that weighed on the U.S. dollar and, in turn, boosted commodity prices.
The heavyweight energy group climbed 1.4 percent as crude rose about 2 percent, after U.S. employment growth eased more than expected last month after two straight months of robust gains, which could rule out an interest rate hike by the Federal Reserve this month.
The most influential movers on the index included Suncor Energy Inc (Toronto:SU.TO - News), which rose 1.2 percent to C$35.63, and Canadian Natural Resources Ltd (Toronto:CNQ.TO - News), which advanced 1.4 percent to C$41.33.
At 9:41 a.m. EDT (1341 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) rose 114.09 points, or 0.78 percent, to 14,798.