May 10, 2012 / 1:38 PM / 5 years ago

CANADA STOCKS-TSX rallies on U.S. jobs data

1 Min Read

TORONTO, May 10 (Reuters) - Toronto's main stock index was
sharply higher on Thursday, halting its May sell-off, as
resource firms were helped by healthier U.S. jobless claims data
that offset weaker-than-expected Chinese trade numbers.	
    The Toronto Stock Exchange's S&P/TSX composite index
 was up 74.23 points, or 0.6 percent, at 11,749.24
shortly after the open. The index hit a 2012 low on Wednesday
and has fallen for six straight sessions.

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