CANADA STOCKS-Resource rally lets TSX end week on upnote

Fri Jun 11, 2010 4:44pm EDT
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*TSX closes up 31.07 points at 11,666.92

*Materials, energy lead index higher

*Oil falls, copper and gold prices firm

*U.S. retail sales fall unexpectedly in May

*U.S. consumer confidence rises in June (Updates to close)

By Claire Sibonney

TORONTO, June 11 (Reuters) - Toronto's main stock index closed higher for a second straight session on Friday as resource issues gained ground in another roller-coaster day of trading, this time spurred by mixed U.S. economic data.

Sales at U.S. retailers fell unexpectedly in May for the first time in eight months, but a jump in U.S. consumer sentiment to a near 2-1/2 year high in early June tempered fears of a slowing economic recovery. [ID:nN11114277]

Copper retreated from one-week highs after the data but was still up on the day as investors watched China for clues to future demand. [MET/L]   Continued...