Canadian stocks rose for a second day, led by materials producers including Teck Cominco Ltd., on speculation they will increase profits on demand for commodities even as economic growth moderates in the U.S. Energy companies rose as crude oil prices notched their biggest gain in two weeks.
The Standard & Poor's/TSX Composite Index rose 121.42, or 0.9 percent, to 12,989.61 in Toronto. The benchmark has gained 2.2 percent in two days after it snapped a week-long selloff led by shares of raw-materials companies.
Read more at Bloomberg.com
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