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TSX notches 6-week high as investors cheer US bank earnings

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Canada's main stock index edged up on Friday to its highest closing level in six weeks, helped by gains for energy and financial shares, while weaker gold prices drove down mining stocks.

rose 15.42 points, or 0.1%, to 20,579.91, its highest closing level since March 3. For the week, it was up 1.9%, its fourth straight week of gains.

Canadian banks had been pressured in recent weeks by the banking stress in the United States and Europe.added to recent gains.

 

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