UPDATE 3-Toronto stocks rise on resources, down for week
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By Leah Schnurr
TORONTO Feb 8 (Reuters) - The Toronto Stock Exchange's main index ended higher on Friday in a late-day push propelled by resource issues, as key commodity prices climbed.
The heavyweight energy sector followed crude oil higher, as the commodity jumped 4 percent on supply disruptions and an oncoming cold spell in the U.S. Northeast.
The materials sector added 1.6 percent, while its subindex of gold producers was up 2.3 percent amid climbing bullion prices.
The S&P/TSX composite index .GSPTSE closed up 63.97 points, or 0.49 percent, at 12,989.34. But the benchmark lost 2.5 percent on the week, plagued by worries of a U.S. recession.
The retreat included a more than 300-point drop on Tuesday after U.S. data showed the non-manufacturing services index fell in January, fueling fears the slump in the U.S. housing market has spread to the wider economy. Continued...